1. A stable peso against the U.S. dollar also contributed to the decline by making Mexican fixed-income securities more attractive. 2. A stable peso reduces the risks that peso gains made by buying Mexican shares can be wiped out from a sudden currency fluctuation. 3. A stable peso and lower inflation also helped, Nissan said. 4. A stable peso helped shares rise in the past three days as investors became less concerned that currency fluctuation could wipe out their capital gains in dollar terms. 5. A stable peso makes Mexican stocks worth more and lessens the possibility that the Bank of Mexico will raise interest rates to defend its value. 6. A stable peso stifles inflation and reduces the possibility the central bank will raise interest rates to defend its value. 7. A stable peso is expected to lead to lower interest rates. 8. Mexican stocks were little changed, as investor disappointment over earnings at some companies was offset by a stable peso and lower interest rates. 9. Share prices were boosted by a stable peso. 10. Shares may continue to rise in the next few days as investors cheer a stable peso, a rising trade surplus and falling inflation. |