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Mexican stock exchange lifts Grupo Elektra suspension after three months
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Mexican stock exchange lifts Grupo Elektra suspension after three months
Oct 22, 2024 2:53 PM

MEXICO CITY, Oct 22 (Reuters) - The Mexican stock

exchange said on Tuesday it was lifting the trading suspension

of Grupo Elektra, owned by tycoon Ricardo Salinas, after three

months.

In July, the stock exchange suspended trading of shares in

Grupo Elektra, after the company reported it had

received information from its controlling group regarding a

possible fraud by depositaries of their shares.

"... this Stock Exchange lifts the referred suspension as of

today, October 22, 2024," the stock exchange said.

In September, retailer Elektra lost its spot in the main

S&P/BMV IPC index, and got replaced by La Comer, after its

trading suspension.

(Report by Noe Torres; Editing by Sandra Maler)

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