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Stock impact report

EMERGING MARKETS-Latam stocks rise in quiet pre-holiday trading; Mexican peso at eight-year high [Yahoo! Finance]

Ecopetrol S.A. American Depositary Shares (EC) 
Company Research Source: Yahoo! Finance
payroll data (Updated at 4pm ET/2000 GMT) By Ankika Biswas March 27 (Reuters) - Mexico's peso touched an eight-year high against the dollar and most Latin American stock indexes turned higher on Wednesday, although trading was fairly muted on the last day of the trading week for most regional markets. Mexico's peso jumped as high as 16.5130 to the dollar, its strongest since December 2015. It was last up 0.5% at 16.5597. The peso's rise boosted MSCI's basket of Latin American currencies 0.4%. A gauge of regional stocks jumped 1%, set for its best session in one week. Thin trading volumes are expected for the rest of the holiday-shortened week for most markets. Markets in Peru, Mexico, Colombia and Argentina will be closed from Thursday, while Brazil will be shut on Friday. Argentine markets will remain inactive for four days. "Markets appear to have an eye on month-end and the long weekend already," said Shaun Osborne, chief FX strategist at Scotiabank. Also boosting the peso, Mexico' Show less Read more
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