Home Business-newBusiness Mexican stock exchange with a light 0.12% increase

Mexican stock exchange with a light 0.12% increase

by Yucatan Times
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MEXICO (Times Media Mexico) .-The Mexican Stock Exchange (BMV) operates this morning with a slight advance of 0.12 percent, or 50.22 points more than the previous level, so that the S&P/BMV IPC, the main stock market indicator, stands at 43,645.35 units.

In the local stock market operates a volume of 664,815 titles, for an economic amount of 16.5 million pesos.

59 issuers participate, of which 31 win, 20 lose and eight remain unchanged.

According to Monex Financial Group, stock markets worldwide have shown negative movements due to the news of a possible setback in the negotiation of the commercial agreement between the United States and China.

This was due to an increase in tensions after the U.S. Senate passed a law supporting pro-democracy protestors in Hong Kong, while China demanded that its northern neighbor stop intervening in internal affairs.

“The first thing we learned this morning is that just like every quarter we have a 0.12 and we always end up at 0.00, at the end of this year we could end up with a loss of 0.5, ie half a point, and that means less employment, less money, and that affects all our sectors and unfortunately the hardest hit is the construction sector and that would be the one that gives the most jobs.” – said Arnulfo Rodriguez an expert from El Economista

The Yucatan Times

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