BMV performs better intraday level in 6 months; Wall Street falls in technology



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CITY OF MEXICO.- On Monday, the Mexican Stock Exchange opened trading with gains for the second day in a row, after concluding the second quarter business reporting season with a positive balance [19659003] The S & P / BMV IPC leading referent of the stock market, earns 0.50%, up to 49 thousand 890 units, its best intraday level since the beginning of February this year .

The referent operates with a volume of 718 thousand 792 titles, for an economic amount of 15.2 million pesos, involving 58 stations, of which 21 earn, 31 lose and 6 remain unchanged.

Elektra shares led the initial gains, up 3.3%, followed by Pinfra with 3.2%, Gruma by 2.2% and Grupo Mexico Transportese by 2.17%. Liverpool by 2.1%

On the opposite line, Gentera papers of 1.21%, economic development at 0.65%, OMA 0.58%, and Kimberly at 0.33% yielded

Against the current, the Wall Street market ] with its three indicators in negative territory before the fall of technology companies, although the progress is being held back by the energy companies whose shares have risen thanks to higher oil prices and quarterly results for Caterpillar.

The Dow Jones index fell 0.1% to 25,428.35 units, while the S & P 500 index rose 0.26% to 2,811.46 units. The Nasdaq Composite, meanwhile, retreated 0.92% to 7,663.79 units

Underlines the Caterpillar increase to 0.90% after announcing an adjusted gain of 2 , $ 97 per share in the second quarter, compared to $ 1.49 per document recorded in the same period last year. Analysts expecting an average profit of $ 2.73 per share

The company, a benchmark in global economic activity, has benefited from a global economy that is experiencing its best moment since 2011

The agenda will be complete Week of World Monetary Policy Meetings and relevant economic data. In the United States, data on outstanding sales of homes and factories will be released, while in Mexico, no relevant figures will be released.

The index of US residential sales, based on contracts signed last month, rose 0.9 percent, to a reading of 106.9.
The Reuters survey projected that reading would remain unchanged in June.

Wednesday afternoon, the US Federal Reserve will release its monetary policy decision, which is expected Keep your benchmark rate between 1.75 and 2.0% unchanged.

On the other hand, Thursday at 13:00 local will be the turn of Banco de México which should also maintain its reference rate unchanged at 7.75%.

On Tuesday, the Bank of Japan will end its monetary policy meeting, with the possibility of taking steps to make its monetary stimulus program more sustainable.

The Bank of England (BoE) also meets on Thursday and is expected to raise your interest rates.

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