The mexican bag advanced in the day of this Wednesday, extending the movement of previous sessions, in a market awaiting new economic data this week in Mexico and the United States that offer a broader idea about future increases in interest rates.
The leading S&P/BMV IPC index of the Mexican stock exchange (BMV), made up of the 35 most liquid shares in the local market, advanced 0.57% to 50,426.26 points.
The stock market also received a boost from a rise in the New York stock markets after a solid report from Nike earnings which, analysts say, allayed some concerns about a recession in the world’s largest economy.
The index FTSE BIVAfrom Institutional Stock Market (It happens), rose 0.53% to 1,052.50 units.
Wednesday’s advance on the BMV was headed by the titles of the three main airport groups in the country.
the papers of OWN they gained 2.23% to 153.75 pesos, followed by those of GAP, which added 2.16% to 299.18 pesos, while those of Asur rose 2.03% to 485.05 pesos.
Local inflation figures for the first half of December are expected to be released on Thursday, while data on the Gross Domestic Product for the third quarter will be released in the United States, as well as a report on consumer spending on Friday.
(With information from Reuters.)
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