BMV and Biva rise for the second session after progress in negotiations with Russia and Ukraine


The Mexican stock exchange (BMV) operates with profits this Tuesday morning. The local stock market advances for the second consecutive day driven by a wave of appetite for risky assets, after knowing information about advances in the negotiation between Russia and Ukraine.

The index reference S&P/BMV IPC, made up of the shares of the 35 issuers with the highest value by capitalization and liquidity in Mexico, moved 0.26% to a level of 55,831.02 units. The index FTSE BIVAthe main of the Institutional Stock Exchange (Biva), moves 0.22% to 1,152.35 units.

S&P/BMV IPC

Mexican indices are close to their historical records. Within the benchmark index, most stocks trade at a profit, with 25 in green and 10 in red. The advance is led by Cemex, with 3.80%; followed by Quálitas, with 2.44%, and Grupo Televisa Unit, which gains 2.32 percent.

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