Mexican peso and BMV advance on the penultimate day of the year

The Mexican peso and the Mexican stock exchange They won on Thursday after the release of better-than-expected US employment figures, albeit in a low-volume market due to the year-end holiday period.

Analysts said investors’ eyes were also on the news about global infections of coronavirus, which reached a record in the last seven days.

The currency The domestic traded at 20.4691 per dollar near the end of the business, appreciating 0.44% against the Reuters reference price on Wednesday.

The benchmark stock index S&P/BMV IPC it was up 0.81% to 53,175.25 points.

In the two previous sessions, the stock market accumulated a decline of almost 1% due to an adjustment after scoring a maximum intraday historical level of 53,630.53 units on Tuesday, amid strong volatility.

Store chain and financial services titles Elektra Group led the advance, with 4.93% more to 1,477.76 pesos, followed by those of the toll road operator Pinfra, which added 4.83% to 156.31 pesos.

In the debt market, the 10-year bond yield reached 7.59%, unchanged from its previous close, while the 20-year rate rose one basis point, to 7.97 percent.

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Reference-www.eleconomista.com.mx

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