Santander Mexico Stands To Gain From Stronger Economy
Posted on November 15, 2012 at 18:21 PM EST
Mexico continues to hold one of the leading positions among the major markets in year-to-date gains, thanks to a big boost from the automaking sector. IShares MSCI Mexico (EWW) shows an 18% climb this year, putting the exchange traded fund in third place on IBD's Daily World Map. Only benchmarks from India (up 20.1%) and Hong Kong (up 19.1%) are doing better. Mexico's economic growth has been cooling but has been somewhat insulated from global