The stock markets of Mexico They rallied sharply on Wednesday, extending a streak of consecutive gains into 2023. For the eighth day in a row, the indices were painted green, in a market awaiting key data from US inflation.
The leading index S&P/BMV CPI of the Mexican stock exchange (BMV), made up of the 35 most traded shares in the domestic market, gained 1.65% to 53,209 units. The index FTSE BIVAof the Institutional Stock Exchange (Biva), moved 1.59% to 1,109.72 points.
In its streak of eight consecutive gains, from a close of 48,463.86 units in 2022, the S&P/BMV IPC accumulates an advance of 9.79 percent. Against a record of 1,012.14 points at the end of 2022, the FTSE BIVA index chains a gain of 9.64 percent.
Within the benchmark, most components closed positive: 29 stocks finished green and six finished red. Cemex shares led the advance with a rise of 8.01%, followed by those of Grupo México, with 3.91 percent.
Investors expect to know the key annual and December inflation data for the United States tomorrow. The most recent figures have shown positive signs of a possible decrease in some factors that pressure consumer prices.
