The Mexican stock exchange (BMV) trades with gains this Wednesday, in line with its US peers. The local stock market rises and is shaping up to end a negative streak of seven losses, in a market that awaits the start of the first quarter corporate reporting season.
The index reference S&P/BMV IPC, made up of the shares of the 35 issuers with the highest value by capitalization in the country (the most traded in the Mexican market), rose 0.53% to the level of 54,193.78 points. The FTSE BIVAof the Institutional Stock Market (Biva), rises 0.50% to 1,119.13 units.
Within the reference index, most of the components operate in positive territory, with 27 values in green, five in red and three without changes. They lead the movements Cemex, with 2.77%; Grupo Televisa Unit, with 2.52%; Bimbo, with 1.50%; the Port of Liverpool, with 1.73%, and Alsea, with 1.63 percent.
In his streak of seven consecutive sessions with losses, the main indices of the local stock market linked a loss of 4.8 percent.