MEXICO CITY, Nov 22 (Reuters) - Mexico's main stock

exchange on Friday lifted a trading suspension on retailer

Elektra under order from the nation's banking

commission, it said, with Elektra cautioning it had a

provisional court order against such an action.

Elektra said in a statement that if trading - which kicks

off on Mexico's exchange at 8:30 a.m. local time - were to

resume, it would cause "irreparable damage" to the firm and

create market instability.

Trading in the retailer, controlled by magnate Ricardo

Salinas, has been suspended on and off for several months after

Elektra said it had been informed by its controlling group

regarding a possible fraud by depositaries of their shares.