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Las mexico stock exchanges rose sharply on Tuesday for their fourth consecutive day of gains. Indices advanced in line with their US peers, amid bets of lower rate hikes and positive quarterly results.

the leading index S&P/BMV IPC from Mexican stock exchange (BMV), made up of the 35 most liquid stocks in the Mexican market, advanced 1.83% to 48,641.27 units. The FTSE BIVAfrom Institutional Stock Market (Biva), moved 1.80% to 1,015.37 points.

S&P/BMV IPC

Within the reference index, most of the components closed higher, with 29 values positive and six negative. The best performances of the session were Operadora de Sites Mexicanos, with 4.44, and Gruma, with an advance of 4.26 percent.

In four consecutive days with advances, since a settlement of 46,217.44 units on Wednesday, October 19, the S&P/BMV IPC index accumulates a gain of 5.24 percent. Against 965.61 points, the FTSE BIVA has gained 5.15 percent in four days.

jose.rivera@eleconomista.mx

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

Mexican stock market advances for the fourth consecutive session; already earn 5.24%

BMV falls due to lack of progress in the US to raise the debt ceiling

BMV does not know if there will be an IPO of shares for the sale of some Banamex businesses

Mexican stock market closes with losses; OMA and Volaris led the descent

Reform to the Securities Market Law would be approved shortly: Biva

souhaib

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