The stock markets of Mexico The negotiations on Monday ended with profits. The stock indices rose for the fourth day in a row and extended their positive trends from a start to the year in which they have gained ground in 14 of 16 total sessions.
The referential index S&P/BMV CPI of the Mexican stock exchange (BMV), which groups the 35 most liquid stocks in the domestic market, rose 0.73% to the level of 54,341.25 points. The FTSE BIVAof the Institutional Stock Exchange (Biva), gained 0.77% to 1,134.32 points.
During the negotiations, the S&P/BMV IPC index marked an intraday maximum of 54,810.95 units, not seen since March 8 of last year. So far this year, compared to a closing of 48,463.86 points in December, it accumulates an advance of 12.13 percent.
Within the benchmark, most components ended the session with gains, with 26 in the green and nine in the red. The best performances were obtained by the shares of Coca-Cola FEMSA, with 3.29%; followed by those of Bimbo, which gained 3.24 percent.
Outside the reference index, the behavior of Grupo Famsa shares stood out, which, trapped in a high volatility, rose 48.21 percent. The company is on the verge of bankruptcy, without cash and credit lines to maintain its operations.
The positive performance of the Mexican stock market occurred in line with a rebound in its peers in the United States, at the beginning of another week of reports in which figures from large companies are expected. The vast majority of local stations report in February.
