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The Mexican Stock Exchange (BMV) gained at the opening of this Tuesday encouraged by expectations that the Federal Reserve The United States (Fed) could adopt a less restrictive stance in its next monetary policy decisions.
The leading index S&P/BMV IPC, which groups the 35 most traded shares in the market, rose 0.65% to 52,125.90 points, shortly after the start of the session. The BMV extended gains to more than 1% shortly after.
The main stock markets in the world operate with positive results, greatly benefited by speculation that the Fed could reduce the pace of interest rate increases, CI Banco said.
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