BMV and Biva post marginal profit and advance for the third day

The Mexican stock exchange (BMV) advanced marginally in the negotiations on Thursday. The local square won for the third consecutive day, in a day in which the decision of the Bank of Mexico to raise your interest rate.

The index reference S&P/BMV IPC, made up of the 35 most liquid stocks in Mexico, rose 0.07% to 49,309.32 units. The index FTSE BIVAthe main of the Institutional Stock Market (Biva), closed stable at 1,20.81 points.


Within the benchmark index, most components ended the session with losses, with 19 stocks in the red and 16 in the green. Grupo Carso stood out with 3.13%; in addition to FEMSA, with 2.93%, and Televisa, with 2.92 percent.

The Bank of Mexico raised its key interest rate by 50 basis points to combat persistent inflation. The price of money is at 7%, the level it was at when a cycle of declines began after the start of the pandemic.

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