Mexican peso and Mexican Stock Exchange advance on the penultimate session of the year

Mexican peso and Mexican Stock Exchange advance on the penultimate session of the year

GC EFE
GC EFE

Photo: Angélica Escobar / Forbes México


The Mexican peso and the Mexican Stock Exchange (Spanish: Bolsa Mexicana de Valores, BMV) gained on Thursday, December 23 following the release of better-than-expected U.S. employment figures. 

The Mexican peso and the stock market gained on Thursday, December 23, following the release of better than expected U.S. employment figures, although in a market with low volume because of the Christmas holiday period.

Analysts said investors’ sights were also set on news of global coronavirus infections, which hit a record high in the last seven days of 2021.

The domestic currency was trading at 20.4691 per dollar near the end of trading, up 0,44% against the Reuters reference price on Wednesday, 22 of December.

The benchmark S&P/BMV IPC stock index rose 0,81% to 53,175.25 points.

In the previous two sessions, the stock market accumulated a decline of almost 1% because of a change after scoring an all-time intraday high of 53,630.53 units on Tuesday 23 December, amid strong volatility.

The shares of the retail and financial services chain Grupo Elektra led the advance, up 4.93% to 1,477.76 Mexican 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 ended at 7,59%, unchanged from its previous close, while the 20-year rate rose from one basis point to 7,97%.


Source: Forbes Staff. (2021, December 30). Peso y BMV avanzan en penúltima jornada del año. Forbes México. Retrieved January 6, 2022, from https://www.forbes.com.mx/economia-peso-mexicano-bmv-avanzan-penultima-jornada-anio/  

Tags

¿Cómo podemos ayudarle?

Grupo Consultor Efe - Whatsapp

Uso de cookies

Este sitio web utiliza cookies para mejorar la experiencia del usuario.
Al utilizar nuestro sitio web, acepta todas las cookies de acuerdo con nuestras Políticas de privacidad.

De acuerdo