The Mexican Stock Exchange (BMV) this Tuesday advanced 0.62% in its main indicator to reach 50,918.28 points, in a day with gains for 26 of the 35 main stations.
Within the Price and Quotation Index (IPC), the main indicator of the Mexican Stock Exchange, “The gains were concentrated in the health sector (3.67%), real estate (2.81%) and consumer discretionary (1.97%)”explained Banco Base analyst Karla Bajos.
While by issuer “there were gains in 26 of the 35 main issuers, led by Orbia (4.19%), Genomma Lab (3.67%) and Banco del Bajío (3.21%),” he added.
The specialist announced that during Thursday’s session the publication of November inflation in Mexico will be relevant, where it is estimated that the annual rate could be at 7.4 percent.
“Inflationary pressures increase the probability that on December 16 the Bank of Mexico will announce an increase of 25 basis points to the target interest rate, to close the year at 5.25%,” said Bajos.
With the gain of this day, the Mexican index registers a positive movement accumulated so far this year of 15.55%, supported by economic recovery.