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Home Automotive

BMV advances in the day, but closes a negative week

by souhaib
January 28, 2022
in Automotive
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The Mexican stock exchange (BMV) closed the negotiations this Friday with a moderate advance. The local stock market ended in the green, driven by the mood in the US market, after quarterly reports encouraged investors in this period of high volatility.

The index reference S&P/BMV IPC, made up of the papers of the 35 issuers with the highest value by capitalization and liquidity in Mexico, closed with a gain of 0.39% at 50,661.86 units. In the week it accumulated a loss of -1.82%, in its second important weekly decline in a row.

S&P/BMV IPC

Within the reference index, most of the components ended the day in positive terrain, with 24 of their values ​​in green and 11 in red. The best performances in the day were the shares of BanBajío, with 7.79%; Quálitas, with 4.07%, and Megacable, which advanced 3.68 percent.

Stock markets behaved with volatility this week, as investors responded to expectations of a tightening of US monetary policy, which were later confirmed by the Federal Reserve in its first announcements for this 2022.

jose.rivera@eleconomista.mx



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