On its penultimate day of 2024, the local currency MXN= was trading at 20.6402 per dollar almost at the end of business, with a depreciation of 1.61% compared to Friday’s LSEG reference price.
“Investors are already looking towards 2025, with only two days left until the end of this year,” said the CIBanco firm in an analysis note.
The benchmark S&P/BMV IPC stock index .MXX lost 0.92% to 48,837.72 points, with a volume of 115.2 million shares traded, well below the daily average of just over 200 million in recent months.
The shares of the mining company Industrias Peñoles PEOLES.MX led the decline, with 4.98% less to 258.61 pesos, followed by those of the cement company GCC GCC.MX, which fell 3.56% to 179.99 pesos.
In the debt market, the primary yields of Treasury Certificates (Cetes) registered increases in most of their terms in the weekly auction of government securities.
The 28-day Cete benchmark rate was placed at 10.04%, 30 basis points above its previous auction.
