BMV and Biva record third day of profits; emphasize Alsea

The Mexican Stock Exchange (BMV) closed the negotiations on Tuesday with a substantial profit. The local stock market advanced for the third consecutive session, online its pairs of Wall street, driven by higher global risk appetite after a turbulent week in the markets.

The index reference S & P / BMV IPC, consisting of the shares of the 35 issuers with the highest value by capitalization and liquidity in Mexico, recorded a gain of 0.88% to the level of 51,782.67 units. The index FTSE BIVA, van Institutional Stock Market (Biva), rose 0.92% to the level of 1 069.99 points.


Within the reference index, most of the components ended the day in positive territory, with 26 values ​​in green and only nine in red. The best performances were for Alsea shares, with 4.94%; Grupo Financiero Inbursa, with 3.39%, and BanBajío, with an increase of 3.36 percent.

At the end of January, the markets registered volatile behavior, influenced by fears of a restrictive stance by the Federal Reserve. After the short period of risk aversion, the indices appear to be resuming their rises. In three sessions, the S & P / BMV IPC has already recovered 2.61 percent.

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