The Mexico Stock Exchange gains 0.02% in a day with low trading volume

Mexico City, Dec 6 (EFE) .- The Mexican Stock Exchange (BMV) recorded this Monday a moderate gain of 0.02% in its main indicator to stand at 50,605.56 points, in a day with low volume of operation.

The capital market started the week showing gains in most of the indices “in the face of a corrective movement after the losses observed during the session on Friday,” Banco Base analyst Karla Bajos explained to Efe.

In addition, he said that there was “a greater appetite for risk in the markets, due to the decrease in nervousness” around the omicron variant.

In Mexico, the Price and Quotation Index (IPC), the main indicator of the Mexican Stock Market, “showed low volatility” during the session, touching a minimum of 50,445.25 and a maximum of 50,842.35 points, said Bajos.

In addition, he specified that “a low volume of operation was observed, standing at 31.49% below the average observed in the last 30 sessions.”

The specialist pointed out that within the CPI “the gains were concentrated in the consumer discretionary sector (1.08%) and health (0.95%)”, while the worst performance was observed in the financial sector with a loss average of 1.29%.

By station “there were gains in 15 of the 35 main companies” included in the index sample, which were led by Televisa (4.15%), Volaris (3.34%) and José Cuervo (2.69%) .

In contrast, the issuers with the worst performance during the session were Telesites (-2.78%), Banorte (-2.13%) and Grupo México (-1.77%).

With the advance of this day, the Mexican index registers a positive movement accumulated so far this year of 14.84% supported by the economic recovery.

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