Bloomberg.com: Latin America
Bloomberg.com: Latin America: "Mexico Stocks Rise as Poll Says Calderon Won Debate (Update2)
April 26 (Bloomberg) -- Mexican stocks rallied after a Reforma newspaper poll showed that voters said Felipe Calderon, the presidential candidate of the ruling National Action Party, won a televised debate last night.
Forty-three percent of those surveyed said Calderon, a former energy minister under President Vicente Fox who proposed opening the oil industry to private investment, won the two-hour debate, 25 percentage points more than any of the other three candidates who participated.
Calderon's campaign is building momentum: His debate victory follows a Reforma poll earlier yesterday that showed he overtook former Mexico City Mayor Andres Lopez Obrador, who skipped the debate, for the top spot ahead of the July 2 vote. Mexico's benchmark Bolsa index rose as much as 1.7 percent.
``The overall conclusion from this debate is that we now have a race of two leading candidates between Calderon, who won the debate, and Lopez Obrador,'' said Leo Zuckermann, a political analysts from the Mexico City-based Center of Economic Research and Teaching.
In Reforma's telephone survey of 405 voters taken after the debate, 55 percent said Lopez Obrador had hurt his candidacy by refusing to take part.
Two-Man Race
Eighteen percent surveyed by Reforma said Roberto Madrazo, whose party, the Institutional Revolutionary Party, is the largest in Congress, won the debate. Fourteen percent said Patricia Mercado, of the Social Democrat and Farmer Alternative party, won and 7 percent said Roberto Campa, of the New Alliance Party, won.
Madrazo will likely fall into a distant third following the debate, said Zuckermann.
Mexico's benchmark Bolsa index rose 206.30, or 1 percent, to 20,566.91 on optimism Calderon, 43, would bolster growth in Latin America's No. 2 economy.
``My policies have only one objective: to create well paid jobs so you"
April 26 (Bloomberg) -- Mexican stocks rallied after a Reforma newspaper poll showed that voters said Felipe Calderon, the presidential candidate of the ruling National Action Party, won a televised debate last night.
Forty-three percent of those surveyed said Calderon, a former energy minister under President Vicente Fox who proposed opening the oil industry to private investment, won the two-hour debate, 25 percentage points more than any of the other three candidates who participated.
Calderon's campaign is building momentum: His debate victory follows a Reforma poll earlier yesterday that showed he overtook former Mexico City Mayor Andres Lopez Obrador, who skipped the debate, for the top spot ahead of the July 2 vote. Mexico's benchmark Bolsa index rose as much as 1.7 percent.
``The overall conclusion from this debate is that we now have a race of two leading candidates between Calderon, who won the debate, and Lopez Obrador,'' said Leo Zuckermann, a political analysts from the Mexico City-based Center of Economic Research and Teaching.
In Reforma's telephone survey of 405 voters taken after the debate, 55 percent said Lopez Obrador had hurt his candidacy by refusing to take part.
Two-Man Race
Eighteen percent surveyed by Reforma said Roberto Madrazo, whose party, the Institutional Revolutionary Party, is the largest in Congress, won the debate. Fourteen percent said Patricia Mercado, of the Social Democrat and Farmer Alternative party, won and 7 percent said Roberto Campa, of the New Alliance Party, won.
Madrazo will likely fall into a distant third following the debate, said Zuckermann.
Mexico's benchmark Bolsa index rose 206.30, or 1 percent, to 20,566.91 on optimism Calderon, 43, would bolster growth in Latin America's No. 2 economy.
``My policies have only one objective: to create well paid jobs so you"
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