The News
Thursday 03 of October 2024

BMV Declines For the Second Consecutive Day


BMV
BMV
The Mexican Stock Exchange fell 1.08 percent due to the uncertainty associated with international monetary policy decisions

MEXICO CITY – The Mexican Stock Exchange (BMV) fell 1.08 percent due to the uncertainty associated with the monetary policy decision in the United States Federal Reserve and the deterioration of international oil prices that hit performance for a second day in the global capital market.

The decline reported by the new account trading center, was a contraction of 481.36 units in the Index of Prices and Quotations (IPC), which dropped to 44,210.44 integers.

On the trading floor more than 200 million shares were traded at a total value of more than 6.2 billion pesos, although the day ended with a negative result.

The lower daily variation resulted from losses located at 63 stations, while 44 made gains and 10 remained unchanged, with the largest falls were at Maxcom, Santander and Industrias Peñoles.

On Wall Street, parallel to the BMV, the major indexes ended the day with mixed results, as only the Dow Jones Industrial Average rose 0.13 percent to 17,251.53 units, while the Nasdaq and the S & P 500 fell 0.45 and 0.18 percent, respectively, to drop to 4,728.6 and 2,015.93 integers.

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