Volatility hits Mexico as OMA, Vesta follow-ons knocked

Volatility hits Mexico as OMA, Vesta follow-ons knocked

Mexico Equity

Volatility hit Mexico's equity markets this week as a follow-on equity sale was postponed and another cut in size following a drop in share prices amid the renewed turmoil. Construction firm Empresas ICA shelved a planned secondary offering of Grupo Aeroportuario del Centro Norte (OMA) shares Tuesday, citing volatile markets. OMA shares had fallen close to 20% since ICA filed a shelf for the sale mid-May. Meanwhile, Corporacion Inmobiliaria Vesta's follow-on equity sale raised 2.49 billion pe

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial