The stock markets of Mexico Tuesday’s negotiations ended with marginal progress, at the start of a shorter trading week than usual. The prices moved with volatility at the beginning of the meeting of the Federal Reserve (Fed).
The leading index of the Mexican stock exchange (BMV), the S&P/BMV CPI, which groups the 35 most traded local stocks, rose 0.11% to 55,179.43 points. He FTSE BIVAof the Institutional Stock Exchange (Biva), advanced 0.09% to a level of 1,142.47 units.
Within the reference index, a balance between gains and losses was observed, with 16 components in green and 19 in red. Cemex titles led the advance of the market with a gain of 6.20% after presenting its first quarter results.
Investors are preparing to learn about the Fed’s monetary policy decision tomorrow. According to the CME Group’s Fed Watch tool, the market anticipates that interest rates will rise 25 basis points with an 86.7% probability.
