Trading in Mexico's ICA suspended after shares rise over 12 pct

martes 26 de enero de 2016 11:13 GYT

MEXICO CITY Jan 26 (Reuters) - Trading in shares of embattled Mexican construction firm ICA was suspended after the stock rose over 12 percent in early trading on Tuesday.

Hit by a heavy dollar debt load, a sinking peso, and a cash crunch from fewer projects, ICA has announced it would default on two interest payments of about $37 million. (Reporting by Gabriela Lopez)