Las stock markets of Mexico Wednesday’s trading opened in positive territory. Local stock prices advance after four consecutive sessions in the red, as traders await a speech from the president of the Federal Reserve.
The referential index S&P/BMV IPC from Mexican stock exchange (BMV), made up of the 35 most liquid shares in Mexico, gains 0.52% to 50,437.46 units. The index FTSE BIVAfrom Institutional Stock Exchange (Biva), advances 0.56% to 1,053.48 units.
S&P/BMV IPC
Within the benchmark, most components are trading at a loss, with 20 stocks in the red and 15 in the green. However, strong advances in shares such as BanBajío (3.50%), Walmex (2.14%) and Grupo México (1.50%) place the index in positive.
At the beginning of the session, the S&P/BMV IPC index rose just over 1 percent. This occurred after in his streak of four consecutive days with losses, from 51,993.95 points to 50,174.06 points, he accumulated a 3.5 percent drop.
jose.rivera@eleconomista.mx
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