Las Mexican stock exchanges They fell this Friday. The stock indices fell on this last day of September and recorded a week, a month and a negative quarter amid bets on more hikes in interest rates for the Bank of Mexico (Banxico).
The reference index S&P BMV IPC from Mexican stock exchange (BMV) fell 1.05% this day to 44,626.8 points, contrary to its peers in the region. In the week, the index recorded a loss of 1.68%, while in the month it fell 0.65%, and in the quarter, 6.10 percent.
S&P/BMV IPC
On the day, within the main index, most of the values ended up in losses, with 22 values in red and 13 in green. The worst performances were those of Gruma, with 5.96%; after Volaris paper, with -4.24%, and GAP, with 3.67 percent.
Local stock prices have fallen hand in hand with their peers abroad, amid rising inflation and a series of rate hikes by Banxico. Yesterday, the central bank raised its rate by 75 basis points to a new ceiling of 9.25 percent.
jose.rivera@eleconomista.mx
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