Wednesday, June 6, 2007

Latin American Stocks Fall, Led by America Movil, on Interest Rate Concern

(Bloomberg) -- Latin American stocks fell, sending a
regional index down for a third day, on concern that rising global
interest rates will slow growth and curtail investment in emerging
market stocks.

The Morgan Stanley Capital International index of Latin
American shares fell 97.55, or 2.6 percent, to 3646.33 as of 11:27
a.m. New York time. Mexico's America Movil SAB, Latin America's
biggest mobile-phone operator, led the decline.


Read more at Bloomberg Stocks News

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