Local Indices Post Near-1% Gains in Third Consecutive Day of Advances
The Mexican stock market concluded mid-week trading with gains, marking its third consecutive day of advances. Notably, Televisa shares led the charge among top-performing stocks.
Key Market Indices and Performance
- S&P/BMV IPC: The leading index of the Bolsa Mexicana de Valores (BMV), which comprises the most actively traded local stocks, rose by 0.92% to 58,346.72 units.
- FTSE BIVA: The index of the Bolsa Institucional de Valores (Biva) increased by 0.94% to 1,177.93 units.
S&P/BMV IPC
Top Performing Stocks and Notable Moves
Most values within the reference index closed with gains. Televisa stood out, improving by 3.05% to 8.79 pesos, followed by Alfa with a 2.95% increase to 14.3 pesos, while Quálitas led the declines, falling by 2.26% to 187.6 pesos.
Market Trends and Year-to-Date Performance
During this winning streak, the S&P/BMV IPC has accumulated a gain of 1.66%, up from the previous close of 57,391.51 units on Friday. Year-to-date, the benchmark index has gained 17.84%.
Key Questions and Answers
- What is the Mexican stock market’s recent performance? The Mexican stock market has experienced three consecutive days of gains, with the S&P/BMV IPC rising 1.66% and the FTSE BIVA increasing by 0.94%. Year-to-date, the benchmark index has gained 17.84%.
- Which stocks were the top performers? Televisa led the advances with a 3.05% increase, followed by Alfa with a 2.95% rise.
- What are the current index levels? As of the latest trading session, the S&P/BMV IPC closed at 58,346.72 units, while the FTSE BIVA ended at 1,177.93 units.
