Cemex SA shares outperformed the broader Mexican equity market Wednesday, rising as much as seven per cent after the Mexican cement maker said it plans to sell a minority stake in its Latin American assets through a listing on Colombia's stock exchange.
The sale, aimed at reducing Cemex's debt, will not include assets in its homebase. Cemex's shares trading in Mexico City were recently up 4.8 per cent.

Brazil market expands 4% in 2024
Cement sales in Brazil increased by 2.9 per cent to 4.686Mt in December 2024 from 4.555Mt in Dec...