The stock markets of Mexico They operate with profits this Wednesday morning. Local stock indices advance in line with their US peers after US figures supported expectations of lower rate hikes.
The referential index S&P/BMV CPI of the Mexican stock exchange (BMV), which measures the most traded shares in the domestic market, moves 0.63% to 53,461.40 points. The FTSE BIVAof the Institutional Stock Market (Biva), rises 0.61% to 1,117.53 points.
Within the benchmark, most components are trading at a profit, with 25 in the green and 10 in the red. The best performances are held by the real estate company Vesta, with 3.07%; Volaris, with a gain of 2.89%, and the OMA airport, with 1.97 percent.
This morning it was announced that the figures for retail sales and producer prices fell more than expected in December in the United States. Investors have taken these figures as signs that the Federal Reserve could moderate its rises.
