UPDATE: Mexico Stocks End Nearly Unchanged After Strong Yearly Gains

Wall Street Journal, 12/31/2012

Photo by Flikr user digitalmoneyworldMexican stocks ended nearly flat Monday on signs U.S. lawmakers would find a short-term solution to the “fiscal cliff,” which allowed the IPC equity index to maintain its strong gains on the year and preserve Mexico’s status as an investor favorite among emerging markets. The IPC index of the leading 35 issues lost just 16 points, or 0.04%, in the last session of the year for a close of 43706 on light volume of 77.1 million shares valued at 1.9 billion pesos ($147.5 million).

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