Mexican Stock Exchange falls 1.43 percent due to risks associated with COVID-19

The dangers that new restrictions on mobility indicate if the brand new pressure of coronavirus detected in the UK reaches the nation induced the BMV to fall

The Mexican inventory change (BMV) misplaced 1.43 % in its essential indicator this Monday, derived from the dangers that new restrictions on mobility indicate if the brand new pressure of coronavirus detected in UK reaches the nation, defined inventory market analysts.

The Value and Citation Index (CPI) closed with a decline of 1.43 % and at a stage of 43,246.24 factors, which is equal to a loss within the yr of 0.68 %, mentioned Luis Alvarado, a specialist at Banco Base.

“Inside, it recorded losses in 27 of the 36 issuers, led by the commercial sector, which represented 201.10 of the 627.57 factors that the index misplaced, ”he defined.

Alvarado identified that, internationally, the capital market It began the week with blended outcomes, with losses prevailing in western markets, primarily attributable to a return of nervousness across the COVID-19 pandemic, after a brand new pressure of SARS-CoV-2 was detected in the UK.

“(In Mexico) it’s attainable that the market is seeing dangers of additional restrictions on mobility if the outbreak of coronavirus involves the nation, “mentioned Alvarado.

In Mexico, the CPI has recovered 33.05 % from its low reached on April 3, he added.

On the day, the Mexican coin it depreciated 0.6 % towards the US when the interbank market closed at 19.93 pesos per greenback.

The IPC closed at 43,246.24 items with A setback of 627.57 factors, a unfavourable variation of 1.43 % in comparison with the extent proven in the day before today.

He traded quantity out there it reached 185 million titles for an quantity of 10 thousand 771 million pesos (about 539 million {dollars}).

Of the 617 stations that traded on at the present time, 251 ended the day with their costs rising, 338 had losses and 28 extra closed with out change.

On the day all sectors had losses, led by industrial (3.39 %), adopted by monetary companies (2.01 %), frequent consumption (1.45 %) and supplies (0.07 %).


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