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The Mexican stock exchange (BMV) rose this Friday driven by the shares of Grupo Financiero Banorte, which advanced to levels not seen since March after reporting its quarterly results and announcing its withdrawal from the process of buying Citigroup’s business in the country.
the leading index S&P/BMV IPCwhich brings together the most traded titles in the domestic market, gained 0.40% to 46,500.59 points, with an accumulated return of 2.3 percent for the week.
The papers of Banorte, which operates the largest bank in the hands of Mexican investors, led the advance of the session, with 3.19% more at 157 pesos.
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