date:Jul 21, 2014
Arca Continental SAB, the second-largest Coca-Cola bottler in Latin America, rose to an 11-month high as company executives cited prospects for improved consumer spending in Mexico and Argentina.
Shares of Arca climbed 3 percent to 92.98 pesos at 2:14 p.m. in Mexico City, the highest level on a closing basis since August 2013. The gain was the biggest on the benchmark IPC equity index, which advanced 0.8 percent.
Arca executives said on a conference call yesterday that they see evidence of inc