The Mexican Stock Exchange manages to reverse negative trend

Mexico

After a bad streak at last the BMV records an advance this November of 2018, after the price index closed compared to the previous day with an advance of 868.62 points.

The Mexican stock exchange This Friday it managed to reverse the trend that it sustained during the week, starting the session with a gain of 58.90 points, that is, 0.14% compared to the close of Thursday, November 15. Slight but significant, if one considers that the downward trend had been affecting the price of securities and their prices for several days.

Latest figures registered .informador.mx

For Wednesday, the closing in preliminary figures was overwhelming, the S&P BMV IPC concluded in a decline of 77.37 points, with its main indicator located at 42,343.15 units.

For Thursday, it opens operations with an increase of 0.07%, that is, 27.94 points compared to the previous close, with the S & P / BMV IPC at 42,371.90 units. It concludes with a decrease of 2.11%. So the S&P BMV IPC closed with a loss of 893.31 points, its main indicator stood at 41,450.75 units.

On Friday, the S&P BMV IPC closed with an advance of 868.62 points compared to the previous day, its main indicator was located at 42,319.27 units.

Emphasizing the fact that throughout the week, the Mexican Stock Exchange accumulated 4.39% loss, after four sessions in setback and one with gains, the & P / BMV IPC fell 1944.47 points compared to the week of November 9, with the banking sector being the largest affected.

At the same time that Wall Street and its markets closed with mixed results, with the rise of the Dow industrial index Jones at 0.49%, also the Standard and Poor’s rose to 500 gaining 0.22% while the Nasdaq fell to 0,15%.

Characteristics of the Mexican stock market

The local stock market operates with a volume of 6,939 securities, for an amount of 4.3 million pesos, where 16 issuers participate, where 12 go down, 1 go up and 3 remain unchanged.

In the Mexican stock market, the rental market during the week operated a volume of 1,155.2 million titles, for an amount of 40,222.2 million pesos.

The broadcasters with the highest profits were ICH and FIHO, and otherwise Homex and Urbi were the ones with the greatest loss.
According to the informative news: Informador.mx