Mexican stocks fall back from over 8-month high

MEXICO CITY, April 3 Thu Apr 3, 2014 2:25pm EDT

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MEXICO CITY, April 3 (Reuters) - Mexican stocks fell sharply on Thursday, pulling back from their highest levels since late July last year, as investors cashed in on a recent surge.

The IPC stock index shed 1 percent to 40,490 points as bank Banorte lost 2.3 percent and broadcaster and pay TV giant Televisa fell 1.5 percent.

The IPC index posted its strongest month in more than a year in year in March, with around a 4.3 percent gain. (Reporting by Michael O'Boyle)

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