The Mexican stock exchange (BMV) closed the negotiations this Friday with losses. The local share market fell for the fifth consecutive day after an erratic session. Investors reacted negatively to information from the Federal Reserve (Fed) on the reduction to your bond purchases.
The benchmark index S&P/BMV IPC, made up of the shares of the 35 issuers with the highest value by capitalization and liquidity in Mexico, concluded operations with a decline of -0.25% to a level of 51,889.66 units. From a close of 52,798.38 units last Friday, it accumulated a drop of -1.72 percent.
Within the benchmark, most of the components ended the day in negative territory, with 23 values in red and 12 in green. The worst performances of the sixon were the roles of Volaris, with -6.41%; Banco del Bajío, with -3.46%; Grupo Televisa Unit, with -3.39%, and Cemex, with -3.34 percent.
Reference-www.eleconomista.com.mx