BMV falls for the fifth session in a row; accumulates decline of 1.6% in the week

The Mexican stock exchange (BMV) fell this Friday for the fifth consecutive day after it was announced that Austria will become the first country in Western Europe to reimpose a total lockdown against the increase in Covid-19 cases.

The leading stock index S&P/BMV IPC The domestic market fell 0.45% to 50,600.98 points, shortly after the opening, with a cumulative decline of 1.6% in the last five sessions.

“The new wave of infections in Europe is once again a risk for economic activity and causes new containment measures,” he said CI Banco in a report. “This situation is beginning to escalate to the United States and the Middle East.”