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Mexico stock exchange gains 0.53% after two sessions with losses




Mexico City, Sept. 21 (EFE) .- The Mexican Stock Exchange (BMV) rose on Tuesday by 0.53%, in its main indicator, to reach 50,828.13 points, after having fallen in two consecutive sessions although in below 51,000 points.

In the United States, two of the main indexes, the Dow Jones and the S & P500, closed in moderate losses, after remaining in positive territory for most of the day, Karla Bajos, analyst at Banco Base told Efe.

In Mexico, the price and quotation index (CPI) – the main indicator of BMV – “closed higher after falling for two consecutive sessions,” he added.

The specialist stressed that from a technical point of view, the level of 52,000 points “remains a key resistance”, which must be overcome systematically to mark a change in the uptrend.

During the session, within the Mexican index, gains were concentrated in the consumer staples sector (0.9%) and the industrial sector (0.81%).

“By issuer, there were gains in 18 of the 34 main companies included in the index, highlighting those achieved by Volaris (3.36%), Walmex (2.14%) and Alsea (2.05% ). It is worth mentioning that Volaris returned to the CPI after leaving the index three years ago, ”he said.

With the advance of this day, the Mexican index records a positive performance accumulated so far this year of 15.34%, which was supported by the economic recovery.

On the day, the Mexican peso appreciated 0.24% against the dollar, trading at 20.13 units per greenback on the interbank market.

The CPI closed at 50,828.13 units with a gain of 270.48 points and a positive change of 0.53% from the previous session.

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