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Las mexico stock exchanges closed the negotiations on Friday with strong advances. Stock indices rose in line with their foreign peers, driven by bets on a moderation in the rate of rises in Federal Reserve interest rates.

The referential index S&P/BMV IPC from Mexican stock exchange (BMV) made up of the 35 most liquid stocks in the domestic market, advanced 1.74% to 47,120.08 points. The FTSE BIVAfrom Institutional Stock Market (Biva), rose 1.70% to a level of 983.98 units.

S&P/BMV IPC

Within the reference index, most of the components ended the session with gains, with 29 in green and six in red. The best performances were the titles of Volaris, with 6.55%; Kimberly-Clark from Mexico, with 6.54%, and Cemex, with 3.24 percent.

In the week, the S&P/BMV IPC rose 3.65% from a record of 45,443.35 units last Friday. The FTSE BIVA index accumulated a gain of 3.9% from 947.09 points.

jose.rivera@eleconomista.mx

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

Mexican stock market rises strongly and closes week of earnings

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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