Bolsa Mexicana closes June with 6.72% increase – AMQueretaro.com



[ad_1]

  World

The Mexican Stock Exchange (BMV) closed the month of June with a gain of 6.72%, despite the uncertainty related to the electoral process of July 1 in Mexico

The Mexican Stock Exchange of Valores (BMV) closed the month of June with a gain of 6.72%, despite the uncertainty related to the July 1 electoral process in Mexico and tensions between the United States and its trading partners.

the stock market closed the first half of the year with a negative return of 3.43%, also reflecting the nervousness surrounding the renegotiation of the North American Free Trade Agreement (NAFTA). ) and the application and threat of US tariffs products from Mexico, Canada, Europe and China, and the retaliation of these countries.

The main stock index, the S & P BMV IPC index, ended Friday at a level of 47,663.20 units, which implied an increase of three thousand 065 points over the previous month, but a decrease of one thousand six hundred and sixty-nine 691.22 in total compared to the end of 2017.

In the coming weeks, worries on international trade issues will continue there have been talks between the United States and China, few progress has been made; In addition, Canada has announced the list of US products that will pay the tariffs.

Precisely, during the week of June 25 to 29, 2018, the main indicator of stocks recorded gains in four sessions for one of the decreases, he operated a volume of 951.5 million titles for an economic amount of 38 thousand 130.6 million pesos.

The broadcasters who had the highest earnings in the week were TMM with 57.52 percent; Blacksmith with 15.73% and Grupo Gigante with 14.71%; in contrast, the most lost were Grupo Financiero Value and Volaris, with 8.0 and 6.57% respectively.

The most traded companies in the BMV in the week ending today were Grupo Financiero Banorte, with four thousand 049 million weights; Wal-Mart with three thousand 555.9 million pesos, and Grupo Mexico with three thousand 441.6 million pesos.

On the foreign exchange market, the peso closed the second quarter of the year with a depreciation of 9.23 percent or a peso and 68 cents, trading around 19.86 pesos per dollar, showing an annualized volatility of 14.1 percent, according to Banco Base.

Notimex.

[ad_2]
Source link