(Bloomberg) -- Mexico's Bolsa index had the biggest two- day loss in seven weeks on concern that profit growth is too slow to justify the market's 11 percent gain this year.
The index of the most-traded stocks in Mexico City today fell 204.17, or 0.7 percent, to 29,572.40. Mobile-phone company America Movil SAB led the drop. The Bolsa had set a record May 4 with its first close above 30,000. Brazil's Bovespa index today was little changed.
Read more at Bloomberg Emerging Markets News
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