The stock markets of Mexico extend their positive start to 2023 this Wednesday. The local indices advance for the eighth consecutive day, with performances in line with their US peers, awaiting tomorrow’s US inflation data.
The index S&P/BMV CPI of the Mexican stock exchange (BMV), which measures the 35 most liquid shares in the domestic market, rises 1.08% to the level of 52,906.92 units. The FTSE BIVAof the Institutional Stock Market (Biva), advances 1.22% to 1,105.67 points.
In its streak of eight consecutive gains, from a close of 48,463.86 units in 2022, the S&P/BMV IPC accumulates an advance of 9.17 percent. Against a record of 1,012.14 points at the end of 2022, the FTSE BIVA index chains a gain of 9.24 percent.
Within the reference index, most of the components operate with gains: 32 advance and only three have negative performances. Alfa leads the gains, with 3.38%, in addition to Grupo México, with 3.17%, and Cemex, with an advance of 2.90 percent.
