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Las stock markets of Mexico Friday’s negotiations closed with progress. Local stocks ended a streak of four consecutive losing sessions, failing to avoid falling for the third week in a row due to investor jitters.

The leading index S&P/BMV IPC from Mexican stock exchange (BMV), which groups the 35 most liquid shares in the Mexican market, gained 0.58% to 49,630.15 units. The FTSE BIVAfrom Institutional Stock Market (Biva), rose 0.58% to 1,036.22 units.

S&P/BMV IPC

Within the reference index, most of the components closed the day in positive territory, with gains for 19 values and losses for 16. Volaris led the advances, with a gain of 4.96%, and Industrias Peñoles, which rose 4.30 percent.

During the week, the S&P/BMV IPC index accumulated a decline of 1.66% from a close of 50,466.25 units last Friday. With three consecutive weeks with losses, the index accumulates a decrease of 3.95% from 51,668.64 units on November 25.

jose.rivera@eleconomista.mx

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Tags: BMV Institutional Stock Market It happens S&P/ BMV IPC