Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  BOLSA MEXICANA DE VALORES (MEXICAN STOCK EXCHANGE)  >  Wal-mart de Mexico S A B de C V    WALMEX V   MXP810081010

End-of-day quote. End-of-day quote  - 02/25
37.1 MXN   +2.54%
07/26DJWAL MART DE MEX : -Mart de Mexico Profit Falls
07/26 WAL MART DE MEX : Results 2Q16 to the MSE
07/26DJWAL MART DE MEX : -Mart de Mexico Profit Falls
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Wal-mart de Mexico S A B de C V : Mexico Stocks End Lower On Wal-Mart Mexico Probe, Europe Woes

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/23/2012 | 11:12pm CEST

--IPC index falls 1% to 38962 points

--Europe debt crisis and political issues in Holland and France drive risk fears

--Wal-Mart de Mexico tumbles 12% on bribery probe; America Movil gains

 
   By Laurence Iliff 
   Of  
 

Mexican stocks closed sharply lower Monday amid a global risk selloff, with Europe debt concerns compounded locally by planned probes into Wal-Mart de Mexico on allegations that the nation's top retailer may have used bribes to secure permits allowing for its rapid growth.

The V shares of Walmex, as the retailer is sometimes called, lost 12% to MXN37.89. After the market close, Walmex reported a first-quarter net profit of 4.71 billion pesos ($357.5 million), for a 4.5% increase compared with the same quarter last year.

The IPC index of the leading 35 issues lost 1% on the day to 38962 points on heavy volume of 347.8 million shares valued at MXN11.21 billion. Walmex stock is the second most heavily weighted issue on the IPC after wireless company America Movil. The L shares of Latin America's largest cellular provider rose 2.9% to MXN16.47.

Amid other heavyweights, the CPO shares of cement and building-materials maker Cemex lost 0.9% to MXN8.83, and the B shares of copper miner and railways operator Grupo Mexico slipped 1.2% to MXN40.30.

The shares of retailers that compete most directly with Wal-Mart de Mexico posted gains. The B shares of Soriana added 2.4% to MXN38.82, and the UBC shares of Comercial Mexicana, or Comerci, rose 1.8% to MXN27.84. Smaller retailer Chedraui B shares were off 1.2% to MXN33.73.

Europe and its ongoing debt crisis continued to inject gloom into local markets like equities and the Mexican peso as investors kept a distance from investments seen as relatively risky. Data showed that business activity in the euro zone's private sector contracted the most in five months in April, and France and the Netherlands are coming under political pressure to ease their budget-cutting plans.

The Mexican peso lost ground against the U.S. dollar, which was quoted in Mexico City at MXN13.1760, according to Infosel, compared with Friday's close of MXN13.0970.

-By Laurence Iliff, Dow Jones Newswires; (52-55) 5980-5184, laurence.iliff@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on WAL-MART DE MEXICO S A B D
07/26DJWAL MART DE MEXICO B DE C V : -Mart de Mexico Profit Falls
07/26 WAL MART DE MEXICO B DE C V : Results 2Q16 to the MSE
07/26DJWAL MART DE MEXICO B DE C V : -Mart de Mexico Profit Falls
07/21WAL-MART DE MEXICO S A B DE C V : half-yearly earnings release
07/05DJWal-Mart de Mexico Sales Growth Slows in June
07/05DJWAL MART DE MEXICO B DE C V : -Mart de Mexico Sales Growth Slows in June
04/26DJWAL MART DE MEXICO B DE C V : -Mart de Mexico Profit Up
04/26DJWAL MART DE MEXICO B DE C V : Weak Peso Boosts Wal-Mart de Mexico Profits
04/21 WAL-MART DE MEXICO S A B DE C V : ex-dividend day for quarterly dividend
04/21 WAL-MART DE MEXICO S A B DE C V : ex-dividend day for special dividend
More news
Sector news : Discount Stores - NEC
07:35pDJWALGREENS BOOTS ALLIANCE : to Shut Down to Shut Down to Shut Down
07/27DJDollar General Buys 41 Walmart Express Stores
07/27DJDOLLAR GENERAL : Buys 41 Walmart Express Stores
07/21DJFinance Watch -- WSJ
07/20DJTARGET : Hires Supply Chain Executive From Apple
More sector news : Discount Stores - NEC
Advertisement
Financials ( MXN)
Sales 2016 533 683 M
EBIT 2016 41 153 M
Net income 2016 28 904 M
Finance 2016 11 235 M
Yield 2016 4,04%
P/E ratio 2016 26,56
P/E ratio 2017 24,07
EV / Sales 2016 1,41x
EV / Sales 2017 1,29x
Capitalization 762 365 M
More Financials
Chart WAL-MART DE MEXICO S A B D
Duration : Period :
Wal-mart de Mexico S A B d Technical Analysis Chart | WALMEX V | MXP810081010 | 4-Traders
Full-screen chart
Income Statement Evolution
More Financials
Consensus 
Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 47,8  MXN
Spread / Average Target 9,5%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Guilherme Loureiro President & Chief Executive Officer
Enrique OstalÚ Cambiaso Executive Chairman
Juan Carlos Alarcˇn Vice President-Operations & Human Resources
Pedro Farah Chief Financial Officer, Director & Executive VP
Blanca Avelina Trevi˝o de Vega Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
WAL-MART DE MEXICO S A..0.00%40 562
COSTCO WHOLESALE CORPO..2.88%72 785
TARGET CORPORATION3.64%44 343
WAL-MART DE MEXICO S A..2.37%40 562
DOLLAR GENERAL CORP.32.28%26 979
DOLLARAMA INC21.78%8 756
More Results