The Mexican stock exchange (BMV) gained moderately in its first operations this Friday, at the end of a week marked by global concerns about prolonged inflation.
The main Mexican index the S&P/BMV IPC It rose 0.39% to 51,906.20 points, at 8:48 am.
An advance of more than 2.45% to 16.7 pesos of the conglomerate’s shares stood out Alfa after index provider MSCI decided in its semi-annual review to include the issuer in its MSCI Global Standard indices, a change that will be effective as of December 1.
Data released this week showed the highest inflation in the United States in three decades and led investors to bet on a Fed rate hike in mid-2022.
At the local level, Bank of Mexico It raised its benchmark interest rate by 25 basis points (bp) on Thursday for the fourth time in a row to 5%, and raised its expectations for inflation at the end of this year.
Reference-www.eleconomista.com.mx