The Mexican Stock Market (BMV) advanced this Thursday a 1.11% in its main indicator until reaching 54 thousand 015.82 unitsthanks to the impulse of the station Fomento Económico Mexicano (Femsa) and its decision to divest from the Heineken brewery.
Inside the Price and Quotation Index (IPC)the main indicator of the BMV, “the highlight was an increase in 8.64% in the price of FEMSA shares, after the company announced a divestment plan in the Heineken brewery,” explained the economic analyst from Banco Base Alfredo Sandoval.
In this sense, he explained that “the Mexican company will seek to sell the 100% of its participation in the brewery in the coming years”.
In addition, he added that during the day the profits of GCC (+4.67%), Quálitas (+2.54%) and América Móvil (+2.48%).
With this day’s advance, the IPC now accumulates a gain of 11.46% in so far this year.
In the session, the peso appreciated a 0.53% against the dollar, which traded at 18.49 units per greenback, after being valued at 18.59 pesos in the previous day, according to the Bank of Mexico.
The IPC closed the session in 54 thousand 015.82 unitswith a profit of 593.58 points and a positive variation of the 1.11% compared to the previous day.
The volume traded in the market reached 208.1 million of titles for an amount of 18,007 million pesos.
Of the 601 firms listed on the day, 168 ended with their prices rising, 401 had losses and 32 closed without changes.
The titles with the greatest upward variation were from the frequent consumption products company Fomento Económico Mexicano in its series (FEMSA UBD), with 8.64% and (FEMSA UB), with 6.29%and the construction materials firm Chihuahua Cement Group (GCC), with -5.11%.
In contrast, the largest downward variations were from the home products marketer Grupo Famsa (GFAMSA A), con -23.08%; chemical distributor Alpek (ALPEK A), with -13.34%and auto parts and auto equipment firm Nemak (NEMAK A)with -8.52%.
In the day, 2 sectors won, the financial (1.04%) and the one of frequent consumption (0.79%)and two lost, the materials (-1.55%) and the industrialist (-0.65%).
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