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BMV interrupts streak of four falls, but league three weeks with losses

BMV interrupts streak of four falls, but league three weeks with losses

The stock markets of Mexico Friday’s negotiations closed with progress. Local stocks ended a streak of four consecutive losing sessions, failing to avoid falling for the third week in a row due to investor jitters.

The leading index S&P/BMV CPI of the Mexican stock exchange (BMV), which groups the 35 most liquid shares in the Mexican market, gained 0.58% to 49,630.15 units. The FTSE BIVAof the Institutional Stock Exchange (Biva), rose 0.58% to 1,036.22 units.

S&P/BMV CPI

Within the reference index, most of the components closed the day in positive territory, with gains for 19 values ​​and losses for 16. Volaris led the advances, with a gain of 4.96%, and Industrias Peñoles, which rose 4.30 percent.

During the week, the S&P/BMV IPC index accumulated a decline of 1.66% from a close of 50,466.25 units last Friday. With three consecutive weeks with losses, the index accumulates a decrease of 3.95% from 51,668.64 units on November 25.

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