The Mexican stock exchange (BMV) fell this Friday morning for the fourth consecutive day hit by a global wave of sales of risky assets due to concerns about the pace of tightening of the monetary policy of the Federal Reserve American.
the leading index S&P/BMV IPC, which groups the 35 most traded stocks on the market, fell 1.13% to 51,914.75 points, at 9:22 a.m. in Mexco City, and aimed to end the week with a cumulative decline of 3.41 percent.
The actions of Banorte Financial Group, which operates the largest bank in the hands of Mexican investors, fell this morning for the fourth consecutive day, as did the BMV, after reporting its corporate results for the fourth quarter of 2021 the day before.
The titles of Banorte, which also manages the largest pension fund in the country, fell 1.49% to 138.56 pesos per paper. Shortly before they came to lose 3.33 percent.
In the last four sessions, papers accumulated a decline of 6.36 percent.