The Mexican stock exchange (BMW) recorded his fifth straight fall on Friday. The local stock market closed a negative week, in which there were pressures related to bets on increases in interest rates in the United States and the fear of new confinements due to Covid-19 in Europe.

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, lost a marginal -0.04% to 50,811.3 units. Compared with its record of 51,432.54 units last Friday, the main index of the local market moved -1.21% percent.

S&P/BMV IPC

Within the benchmark, most of the components ended the day in negative territory, with 20 stocks in red and 15 in green. In the interior, the falls were led by the franchise operator Alsea, with -4.03%; the giant bakery Bimbo, with -3.82%, in addition to BanBajío, with -2.61 percent.

This Friday, the fear of new confinements was present in the markets, after the announcement that Austria would return to the confinement to reduce the contagion of Covid-19 in the country. The possibility of Germany also going into lockdown raises alarms about the global economic recovery.

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Reference-www.eleconomista.com.mx

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