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Article: Stocks rise in Brazil, Argentina, Chile; fall in Mexico

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AP Worldstream
Article date:
January 10, 2004
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AP Worldstream
01-10-2004
Dateline: MEXICO CITY
Index changes and company-specific news sent several Mexican shares tumbling lower Friday, while profit-taking took hold of the broader market.

The market's key IPC index closed down 66.99 points, or 0.7 percent, to 9,102.82, after having hit a record high Thursday. Volume totaled a hefty 122.8 million shares traded worth 1.79 billion pesos.

Broadcaster TV Azteca's CPO shares continued to tumble following the company's acknowledgment that its chairman was involved in a murky transaction at wireless communications affiliate Unefon.

TV Azteca CPOs fell 3.8 percent to 5.31 pesos, expanding on their 11 percent drop in the previous session, when ...

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