BMV increases in session with low volume



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The Mexican Stock Exchange (BMV) concluded with a gain of 0.56%, in the absence of foreign investors for holidays in the United States.

The main stock index, the S & P / BMV CPI, was located at the end of the day, the Mexican stock market had a volume of 58.3 million shares, for an economic amount of 1,886.9 million pesos, with 59 stations that won, 43 that lost and 14 that remained

Walmart, which closed with an increase of 0.45%, the financial group Banorte, with a gain of 0.94% and Grupo Cuervo, with 1.14%, supported shareholder gains.

recorded low trading volume on the stock market, due to the lack of foreign investors due to the closure of the United States markets for the celebration of the Independence Day .

"Market participants They have benefited from a calm and positive local sentiment to accumulate risky assets in their portfolios, but they remain attentive to the volatility of international financial markets," said Gabriela Siller, director of the group. economic and financial analysis at Banco Base.

She explained that markets remain cautious, attentive to the question of international trade and the repercussions On the other hand, investors are preparing to receive financial information from issuers, in a period of quarterly reports which will begin next week in the United States and Mexico.

Local

On Tuesday, Andrés Manuel López Obrador, virtual president of Mexico, met with the Business Coordinating Council and both assessed the "trust" relationship and agreed to work with men from all over the world. Mexican business.

of the Ministry of Finance, Carlos Urzúa, indicated that for 2019 estimates that the gross domestic product increase by 2.5%, that the inflation is between 4.0 and 5.0%, the rate of exchange will oscillate around 19 pesos for a dollar and mix in 70 dollars (with information from Notimex)

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