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The Mexican stock exchange (BMV) advanced on Friday due to renewed hopes of a moderation in the pace of monetary tightening by the Federal Reserve after the release of US labor market figures.
the leading index S&P/BMV IPCwhich groups the most traded shares in the domestic market, rose 1.54% to 50,991.51 points shortly after opening, with a cumulative return for the week of 3.88 percent.
The titles of the mining company Grupo México led the advance on Friday, with 7.47% more at 75.83 pesos, followed by those of the restaurant operator Alsea, which added 3.43% to 38.33 pesos.
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