Shares in Mexico’s Elektra regain ground, erasing fraction of earlier losses

MEXICO CITY (Reuters) – Shares in Mexican retailer Grupo Elektra (BMV:ELEKTRA) rose by nearly 20% on Friday, erasing a part of the losses it has accumulated during the week.

The company registered its worst-ever day of trading on Monday, after the country’s market regulator lifted a trading suspension on the shares. Despite the latest gains, its weekly losses stand at around 70%.