The Mexican Stock Market (BMV) recorded this Wednesday the loss of 0.5% in its main indicator until reaching the 54 thousand 333.12 unitsbreaking the streak of two sessions with consecutive gains, mainly driven by uncertainty about the direction that rate hikes will take in the global stock market.
“The capital market closed the session with mixed results among the main stock indices in the world, after the inflation data from the United States for March generated speculation regarding the future of the Federal Reserve’s monetary policy,” said the director. of Economic and Financial Analysis of Banco Base, Gabriela Siller.
For his part, he pointed out that the Price and Quotation Index (IPC) from BMV closed the session with 25 of the top 36 companies listed in the index losing.
With today’s advance, the index registers an advance of 12.11% year-to-date since December 30, when the index closed 2022 at the 48 thousand 463.86 units.
Also, position a 4% far from its all-time high of 56 thousand 536.68 pointsreached on April 1st.
In the session, the peso appreciated a 0.5% against the dollar, when trading at 18.09 units per greenbackafter quoting 18.19 in the previous dayaccording to data from the Bank of Mexico.
The IPC closed the session in 54 thousand 333.12 unitswith a loss of 271.51 points and a negative variation of 0.5% compared to the previous day.
The volume traded in the market reached 203.7 million titles for an amount of 11 thousand 302.7 million pesos.
Of the 474 firms that traded on the day, 143 they ended up with their prices rising, 306 they had losses and 25 They closed without change.
The titles with the greatest upward variation were from the industrial conglomerate Grupo Kuo (KUO B), con 4.59%; of the producer of meat and derivatives Grupo Bafar (BAFAR B), with 4.24%, and the beverage and snack marketer Arca (AC), con 3.8%.
In contrast, the largest downward variations were from the home products marketer Grupo Famsa (GFAMSA A), con –10.2%; of the food producer Industrias Bachoco (BACHOCO B); with –5.09%; and the media conglomerate Televisa (TLEVISA CPO), con -4.9%.
In the day, three of the four sectors lost, starting with the financial (-1.44%)followed by industrial (-0.36%) and the materials (-0.05%), while only the one of frequent consumption won (0.05%).
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