The Mexican stock exchange (BMV) slightly back in its first trading on Thursday. The local stock market falls in an erratic start to the day, in a market that continues to pay attention to the quarterly reports of the fourth quarter and that awaits the monetary policy announcement of the Bank of Mexico.
The index reference S&P/BMV IPCmade up of the shares of the 35 issuers with the highest value by capitalization and liquidity in Mexico, yields -0.05% and stands at 52,733.38 units, while the index FTSE BIVAthe main of the Institutional Stock Market (Biva) moves -0.07% to 1,089.77 units.
Within the reference index, most of the components operate with advances, with 22 values in green and 13 in red. The best performances of the day are the papers of the Grupo México mining company, with 2.42%, América Móvil and Cemex hit the leading index, with falls of -2.77% and -2.57 percent.
Inflation in the United States rose 0.6% last month. In the 12 months to January, it rose 7.5%, the largest year-on-year increase since February 1982. The data reinforces the idea that the inflation risk remains high, so the Federal Reserve would have to tighten monetary policy and raise its rate. .