The Mexican peso MXN= was trading at 20.5967 per dollar, with a advance of 1.15%leading gains among a basket of currencies in the region, although analysts believe it could come under pressure in the coming weeks ahead of the inauguration of the American president-elect.
“Investors remain cautious about Trump’s entry on January 20 and the impact his new policies will have on the Mexican economy,” said Monex Grupo Financiero, in an analysis note.
The leading stock index S&P/BMV IPC .MXX rose 0.51% to 49,765.20 points, after touching its lowest level since October 2023 during the week.
The session recorded a volume of just 87.5 million shares traded, well below the daily average of more than 200 million in recent months, due to the holiday period.
The shares of the telecommunications firm Megacable MEGACPO.MX led the increases, with 6.25% more to 36.03 pesos, followed by those of the restaurant operator Alsea ALSEA.MX, which added 5.29% to 45.79 pesos.
In the secondary debt market, the 10-year bond yield MX10YT=RR ended unchanged from its previous close at 10.43%, while the 20-year rate MX20YT=RR rose one basis point to 10.72%.
