Mexico stocks slump as Walmex drags
MEXICO CITY |
MEXICO CITY Nov 12 (Reuters) - Mexican stocks fell sharply on Thursday, as riskier assets worldwide dropped following a weak forecast from Wal-Mart Stores Inc (WMT.N) and comments from policy makers around the world that hurt confidence in a global economic recovery.
The IPC stock index .MXX fell as much 1.07 percent to 30,763 one day after the IPC hit a 17-month high and Wal-Mart de Mexico (WALMEXV.MX) reached an all-time high. (Reporting by Michael O'Boyle; Editing by James Dalgleish)
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