United Kingdom

Fomento Economico Mexicano SAB de CV (FMSAUBD.MX)

FMSAUBD.MX on Mexico Stock Exchange

22 Feb 2018
Change (% chg)

$2.36 (+1.36%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

Fomento Economico Mexicano SAB de CV successfully places bonds for 1 bln pesos
Friday, 18 Mar 2016 

Fomento Economico Mexicano SAB de CV:Successfully placed bonds in euros on the international market worth 1 billion Mexican pesos for seven years and spread of 155 basis points with reference to mid-swap, reaching a bond yield of 1.824 pct.Standard & Poor's awarded the issue with A- rating.Fitch Ratings awarded the issue with A rating.To use obtained funds for general corporate purposes and to improve the financing costs for the company.  Full Article

EMERGING MARKETS-LatAm stocks edge up amid solid earnings season

By Daina Beth Solomon MEXICO CITY, Feb 16 Key Latin American stocks edged up on Friday, helped by optimism on corporate earnings, but investors remained concerned that higher U.S. interest rates could hit demand for emerging markets. Mexico's S&P/BMV IPC index rose 0.12 percent, capping several days of modest gains, while Brazil's Bovespa rose 0.28 percent. In Mexico, bottler and retailer Femsa buoyed the index with shares up more than 2 percent. The week was m