Mexican stocks rise 1.03 pct, following fiscl cliff deal in U.S.

MEXICO CITY Wed Jan 2, 2013 9:45am EST

MEXICO CITY Jan 2 (Reuters) - Mexico's IPC stock index rose more than 1 percent on Wednesday, as investors welcomed the news of a last-minute "fiscal cliff" deal in the U.S Congress on Tuesday night.

The index was up 1.03 percent in early morning trading.