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Article: Stocks fall in Mexico, Brazil, Argentina; rise in Chile
- Article from:
- AP Worldstream
- Article date:
- June 3, 2005
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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AP Worldstream
06-03-2005
Dateline: MEXICO CITY
Mexican stocks fell Friday after a weak U.S. employment report for May dragged U.S. equities lower.
The market's IPC index of 35 stocks closed down 0.6 percent or 80.50 points, to 13,204.39, making for a 0.6 percent gain on the week. Volume was 68.9 million shares worth 1.72 billion pesos.
The local market tracked movements in the U.S. throughout the session. The U.S. Labor Department's report that employers added only 78,000 to payrolls last month prompted equities investors to take profits, causing the Dow Jones Industrial Average to fall 0.9 percent.
Communications and industrial stocks mostly fell, while shares in retail companies rose. The ...
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Article: Brazil to Borrow $10 Billion to Help Teetering Economy.
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June 14, 2002 ;
700+ words
... ... billion, almost 75 percent of Brazil's gross domestic ... the scenario for Brazil, touted as a rare ... currency lost 10 percent of its value this ... more than 18.5 percent, and the government ... moves would work and Brazil watchers would be ...
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