Las mexico stock exchanges They finished trading this Friday with strong gains. The domestic stock market extended a rebound from its worst level in 18 months, unable to avoid a cumulative fall of almost 3 percent in the week.
The index reference S&P/BMV IPC from Mexican stock exchange (BMV), made up of the 35 most traded shares in the Mexican market, rose 1.11% to 45,888.63 points. The FTSE BIVAfrom Institutional Stock Market (Biva), moved 1.14% to 953.28 units.
Within the reference index, most of the components ended the day in positive territory, with 25 values in green and only 10 in red. The best performances were those of Kimberly Clark from Mexico, with 3.14%, Alsea, with 3%, and Inbursa, with 2.75 percent.
The two main stock indices advanced just over 1% for the second day, but the negative trend of the week prevailed at the end. The S&P/BMV IPC ended the period with a cumulative loss of 2.93% and the FTSE BIVA posted a 2.82 percent drop.
Investors reacted encouraged to data in the United States that indicated that employers hired 315,000 new workers during August, above market expectations. They now await the local inflation figure next Thursday.
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