The Mexico Stock Exchanges They advance on Thursday for seventh consecutive day. The local stock market rates rise, oscillating around their best levels in almost a year, in a market with an eye on the season of results of the first quarter.
The leading index S&P/BMV IPCof the Mexican Stock Exchange (BMV), which brings together the most negotiated local actions, advances 0.98% to 56,315.38 units. The index Ftse bivaof the Institutional Stock Exchange (Biva), earns 0.94% to 1,147.20 units.
S&P/BMV IPC
Inside the index, most values outline profits. The Alpha Industrial, with 7.47% more at 14.39 pesos, followed by the Vesta real estate corporation, with 4.81% more to 52.68 pesos, and people, of financial services, with 3.65% to 35.21 pesos.
Mexico’s stock exchanges point to their seventh consecutive day earnings, and IPC S&P/BMV accumulates a return to 9.5% from a record of 51,498,90 points on Friday, April 11. In the year, the index wins 13 percent.
“Participants will continue to follow the development of the financial report season of the first quarter, digesting economic figures based on the decision of the central banks in May,” said Vector Casa de Bolsa analysts in a note.
