Despite the quarterly report, Panorde shares fell to a fourth session

Grupo Financiero Banorte Shares Fell today for the fourth session in a row, Despite a good financial statement, after reaching all-time highs during the week, but In the midst of global hatred over dangerous assets.

Panorday’s bonds, the largest bank in the hands of Mexican investors Despite a solid financial statement, it lost 4.01 percent to 135.01 pesos Its performance in the fourth quarter released the previous day.

The finance committee said Thursday Its revenue for the fourth quarter rose 52 percent year-over-year to about $ 442 million., With a 7 percent increase in their income.

“This is a good report with recovery speed and outlook. We (stock decline) add To the environment of global danger hatred”, Said Carlos Hernandez, senior analyst at Mazari Casa de Bolsa.

Some analysts have also cited the comments of the Finance Committee Analyze the possibility of purchase Citibanamex is a local subsidiary of Citigroup based in the United States. They will create stress in their actions, Which touched a historic intraday high of 150.50 paise on Monday.

Jonathan Juloca, an analyst at Columbus Consultancy in Mexico, said: “This time it’s a little bit of everything.”Bad session for markets of ‘equity’ and risk assets, The noise about whether he is interested in citipanamex is two days.

Citi announced last week that it was selling its Citipanamex operations, Put an end to two decades of retail sales in the Latin American nation. According to a Bank of America study, Banorde will be the best positioned lender in the country for its acquisition.

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Disgusting