trading resumes for grupo elektra after suspension amid stock fraud allegations

Trading in Grupo Elektra shares is set to resume after a suspension imposed by the Bolsa Mexicana de Valores was lifted.

The suspension was a result of allegations of stock fraud made by the company's owner against a creditor.

The trading ban was briefly lifted on October 22 but reinstated when initial offers dropped by almost 60%.

The market's reaction to the resumption of trading will be closely watched due to the significant volatility surrounding the company's stock.

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