Best week of weight in 7 years

Weight gain of 4.6%; This is the largest since October 2011. It was listed at 19 pesos for one dollar. Positive environment after the elections

Regeneration, July 7, 2018 . The Mexican peso was popular on Friday after US job numbers that pulled the dollar back, and had its best week in nearly seven years in a positive financial market environment after local elections.

published by the Mexican business magazine Forbes, it is stated that the stock market, meanwhile, progressed in a session during which he reached his best level in five months, in line with D & D Other positions such as Wall Street Trade between Washington and Beijing

The currency was trading at 19.00 per dollar at 15:30, with a gain of 1.14%, or 22.00 cents, by compared to 19.22 hours for the Reuters reference price Thursday.

The local currency this week recorded a gain of 4.6%, the highest since the end of October 28, 2011.

For Reuters, "local assets have reacted positively after the triumph of the year. Presidential election of the leftist Andrés Manuel López Obrador, who sends, with his team, messages that have been well received by the markets. "

" Although for the moment the market seems calm with the first signs of the next government, convey the opinion Financial markets … may vary depending on economic policy, especially fiscal policy, are conducted in a cautious manner, "said Banco Base in a report

In addition, markets will monitor very closely the changes you can search for. The next administration of energy, he added

On the stock market, the S & P / BMV CPI benchmark rose 0.86% to 48,981.41 points, with 191.8 million traded securities. The place advanced in the week 2.77%.

Friday's gains were led by shares in the FEMSA retailer and bottler, with 1.78% to 182.66 pesos.

In the local bond market, the 10-year paper yield rose by one basis point to 7.69%, while the 20-year yield added two to 7.88%.