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Mexican Stocks Close Lower; Peso Slips Against Dollar — Market Talk

16:31 ET - The benchmark IPC stock index falls for a third straight session, closing down 0.5%. Bellwether America Movil shares end 1.4% lower and cement maker Cemex shares closes down 1.1%. Cemex said it will prepay $750M of the $1.07B outstanding of its 5.7% notes due 2025. The company last week priced $1.75B in 10-year notes at a 3.875% annual interest. The peso weakened modestly against the US dollar, quoted at 19.83 compared with 19.79 Tuesday. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

January 13, 2021 16:46 ET (21:46 GMT)

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