BMV and Biva make strong gains

The Mexican stock exchange (BMV) concluded the negotiations this Thursday with a strong profit. The local stock market advanced driven by greater optimism about the effectiveness of vaccines against the Omicron variant of Covid-19, which had generated fear after confirming a case in the United States.

The benchmark index S&P/BMV IPC, made up of the shares of the 35 issuers with the highest value by capitalization and liquidity in Mexico, moved 1.70% to a level of 50,856.92 units. The index FTSE BIVA, the main of the Institutional Stock Exchange (Biva), rose 1.87% to close at the level of 1,050.30 points.

S&P/BMV IPC

Within the benchmark, most stocks closed higher, with 32 components in green and three in red. The gains were led by Grupo Televisa Unit shares, with 6.79%; In addition to BanBajío, with 6.45%, while outside the index, TV Azteca stood out with a rise of 8.77 percent.

Two of the developers of vaccines against Covid-19 issued positive comments about the possible efficacy of biologics against the new variant of the coronavirus. In recent days, investors have been cautious about the possibility of a new closing period due to Ómicron.

[email protected]



Reference-www.eleconomista.com.mx

Leave a Comment