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The Mexican stock market (BMV) closed the last day of the week with negative results, recording a loss of 1.02%.
"The market was particularly sensitive to signs of weak economic performance in the future"
The main stock indicator, the S & P / BMV CPI, closed the day with a decrease of 472.38 points from its previous level, with which its main stock indicator was 45 000 803.33 units.
While in the United States, the markets had negative results, where the Dow Jones Industrial Average fell by 1.19%, Standard and Poor's 500 by 1.73% and Nasdaq by 2.06%.
This Friday, on the local market, a volume of 285.4 million shares was made, for an economic amount of nine thousand 672.9 million pesos, where 37 companies won, 77 lost and eight remained unchanged.
According to Banco Base, the capital market closed the fourth week of October with negative results, resulting in losses in most global stock markets, with the exception of China, where the hope that his government will undertake economic interventions generated optimism.
"The market was particularly sensitive to signs of weak economic performance ahead, such as the decline in US home sales, the expectations of specialists of the lower economic growth in Europe, and the decline in future sales. quarterly reports of some stations, especially in the technology sector, "he said.
Similarly, the financial institution explained that this resulted in a general sale of shares, as well as a shift of risky assets to government bonds. basic products and currency of refuge.
JM
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