Spanish
Mexico City.- The Mexican Stock Exchange (BMV) registered a loss of 0.87% this Thursday, which led its main indicator, the Price and Quotations Index (IPC), to fall to 62,694.73 units, on a day in which the financial market in the United States remained closed for Thanksgiving.
"The capital market closed with gains. In Europe there were increases and because it was a holiday in the United States, the capital market remained closed," Gabriela Siller, director of economic and financial analysis at the firm Banco Base, explained to EFE.
In Mexico, the expert pointed out, the CPI "closed with a loss of 0.87%, to fall back due to a correction after gaining during the previous four sessions, in which it accumulated an advance of 2.55%."
"The trading volume in Mexico was 84.48% lower than the average of the last 100 days, this due to the closure in the United States," he added.
Inside the Mexican market, Siller indicated, the losses of the issuers Grupo Comercial Chedraui (-4.09%), Alsea (-2.36%), Industrias Peñoles (-2.27%), Cemex (-2.17%) and Orbia (-2.12%) stood out.
Meanwhile, the director of Economic Analysis at the financial group Actinver, Enrique Covarrubias, specified that with today's movement, the Mexican index stood at -0.15% in November and has reached +25.7% so far this year.
"Unlike its U.S. counterparts, the Mexican Stock Exchange operated normally today, albeit with low volume," Covarrubias noted.
During the day, the Mexican peso depreciated 0.05% against the dollar, trading at 18.35 units per greenback, compared to 18.34 the previous day, according to data from the Bank of Mexico.
The volume traded on the market reached 36.6 million shares for an amount of 2.222 billion pesos (about 121 million dollars).
Of the 242 stocks that traded during the day, 121 ended with their prices up, 103 had losses, and 18 closed unchanged.
The titles with the highest upward variation were from the telecommunications services firm Controladora Axtel (CTAXTEL A), with 3.41%; the airline Aeromexico (AERO), with 3.29%, and from the sports center chain Sports World (SPORT S), with 3.05%.
In contrast, the largest downward variations were from the household products company Grupo Vasconia (VASCONI), with -15.31%; from the real estate developer Grupo Gicsa (GICSA B), with -3.01%, and from the mining company Frisco (MFRISCO A-1), with -2.58%.
