BMV and Biva close with slight advances; Televisa led earnings

The Mexican stock exchange (BMV) ended its first trading of the week with a profit. The local stock market advanced marginally in a row with erratic movements in which positive information about the Covid-19 Omicron variant collided with uncertainty among investors.

The benchmark index S&P/BMV IPC, made up of the shares of the 35 issuers with the highest capitalization value and liquidity in the local market, and moved 0.02% to a level of 50,605.56 units. The index FTSE BIVA, from Institutional Stock Exchange (Biva), closed with a rise of 0.04% at the level of 1,044.10 units.


Within the benchmark, most of the components ended the day in positive territory, with 18 values ​​in red, 16 in green and one unchanged. The advances were led by the giant Grupo Televisa, with 4.15%; followed by Volaris, with 3.46%, and in the losses, Telesites fell -2.78 percent.

Anthony Fauci, head of infectious diseases in the United States, declared that “until now [la nueva variante Ómicron de Covid-19] it does not seem to have a higher degree of severity. “Investors are cautious about possible economic impacts of this new variant.

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