The Mexican stock exchange (BMV) closed this Friday with a strong loss, in line with the performance of its US peers. Stock markets fell and ended a negative week, waiting for the first meeting in the year of the Federal Reserve (Fed) American, next week.
The index reference S&P/BMV IPC, made up of the papers of the 35 main issuers in the country, lost -1.73% to close at 51,599.38 units. In the week, from the record of 53,744.92 points last Friday, it fell an accumulated -3.99%, its worst movement in a week since October 2020.
Stock markets have been rocked by recent rises in 10-year Treasury yields, which hit highs not seen since the start of the pandemic, as well as bets on accelerated Fed policy tightening in response. to strong inflation.
On the day, within the reference index, most of the values ended in red, reflecting the negative perspectives, with 29 of their values with losses and six advances. Cemex stock, very vulnerable to the United States, lost -7.13% and led the decline, with its second sharp drop in a row.