BMV and Biva close with profit; Cemex soars 10.2%

The Mexican stock exchange (BMW) closed the first day of the week with a moderate advance. The local stock market advanced in a market that awaits the new inflation figures from the United States that would give signals about the next decisions of the Fes. Cemex shares encouraged the negotiations.

The benchmark index S&P/BMV IPC, composed of the shares of the 35 issuers with the highest value by capitalization and liquidity in Mexico, registered a gain of 0.53% with 52,251.49 points. The index FTSE BIVA, the main of the Institutional Stock Exchange (Biva), closed the day at 1,076.96 with a rise of 0.39 percent.


Within the benchmark, most of the components ended the day in positive territory, with 21 values ​​in green and 14 in red. The best performances of the session were those of Cemex, which shot up 10.20%; followed by those of Volaris, with 3.71%, and those of Liverpool, with an advance of 2.55 percent.

Cemex shares soared after they fell to their lowest level since February 23 at the end of last week. Its shares had been losing after it reported a drop in its third-quarter operating cash flow in late October due to supply chain disruptions.

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