The Mexican stock exchange (BMV) bounced this Friday from its lowest level in more than a year after a strong selloff triggered by concerns about a global recession following recent tightening measures by various central banks.
the leading index S&P/BMV IPCwhich brings together the 35 most traded shares in the domestic market, rose 0.93% to 48,000.29 points, shortly after opening, even so it accumulated a decline of 0.97% in the week, in its third weekly drop.
Analysts and operators anticipate a volatile day pressured by the so-called “Quadruple Witching Day”as the session in which the main futures and options contracts for securities and stock indices in the United States expire.
Low-cost airline titles Volaris led the gains this Friday, with a jump of 9.6% to 21.0 pesos, after a streak of eight days of losses that led them to touch their lowest level since November 2020 on the eve.
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