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The Mexican stock market falls 0.04% after loss in health and industrial sectors

Mexico City, Oct 13 (EFE) .- The Mexican Stock Exchange (BMV) registered this Wednesday a decline of 0.04% in its main indicator to stand at 51,812.87 points, due to losses in health sectors, industrial and real estate.

The Index of Prices and Quotations (IPC), the main indicator of the Mexican market, “oscillated between gains and losses, closing with a moderate loss after accumulating an increase of 1.88% in the last three sessions,” the analyst told Efe. from Banco Base Karla Bajos.

He added that within the Mexican index, “the losses were concentrated in the health sector (-2.8%), industrial (-0.85%) and real estate (-0.45%)”.

While by issuer, 16 of the 35 main companies included in the IPC sample “closed in positive territory”, highlighting the gains of Grupo Bimbo (2.39%), Megacable (2.18%) and Grupo México (1, 71%).

Despite the loss, the Mexican index has a positive performance accumulated so far this year of 17.58%, supported by the economic recovery.

On the day, the Mexican peso appreciated 0.53% against the dollar, trading at 20.64 units per greenback on the interbank market.

The IPC closed at 51,812.87 units with a loss of 23.01 points and a negative variation of 0.04% compared to the previous session.

The volume traded in the market reached 228.3 million titles for an amount of 16,941 million pesos (about 820.7 million dollars).

Of the 759 firms that were listed on the day, 338 ended up with their prices rising, 391 had losses and 30 more closed without change.

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