After a volatile trading day in US markets the MexCom portfolio closed slightly lower.at the close on April 22, 2009. It stands at $386,115.21 for 37 individual items that originally had $10,000 representation for each and is ranked # 24 on Clearstation.com. GOL was added to the list yesterday.
GOL was added to represent the airline industry, a Brazilian company that has paid a good dividend in the past. Many US airline stocks have been performing better in the market with the prospect of economic recovery and lower oil prices but passenger traffic currently has declined making it a very speculative play for this low priced stock.
RC at 7.05 was down 1.20 was the sharpest decliner down 14.54% on only 1,900 shares traded. The best Mexican performer in the list was GMK at 2.24 up .19, 9.26%. It is up 17.9% since being added to the list on April 9.
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