By: Laurence Ilif and Georgia Wells
Source: online.wjs.com
Earlier this year, Mexican shares were driven higher largely by investors cheering the July election of incoming President Enrique Peña Nieto and the promise of market-friendly changes. Now the rally is showing more staying power as investors zero in on manufacturing-driven economic growth, the widening regional footprint of some Mexican companies and expectations of an expansion of consumer credit—even though Mexico's close ties to the U.S. economy remain a concern, many investors and analysts say.
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