2024-07-27 21:15:18
The Mexican Stock Exchange (BMV) gained 0.61% yesterday, equivalent to 328.4 units, so its main indicator, the Price and Quotation Index (IPC), closed at 54,006.92 points.
During the day, 280.3 million shares were traded in the IPC, made up of the shares of the 35 largest companies in the stock market.
Meanwhile, the peso closed the session with an appreciation of 0.59% or 10.6 cents, trading at around 17.94 pesos per dollar, with an exchange rate touching a maximum of 18.11 and a minimum of 17.88 units per green currency.
The appreciation of the peso and the improvement in the stock market are due to the moderate decrease in risk aversion following Joe Biden’s withdrawal from the presidential candidacy. Democratic Party and the possible nomination of Kamala Harris.
Yesterday the former president of the House of Representatives, Nancy Pelosi supported the nomination of Kamala Harris, which should be made official from August 19 to 22 in the Democratic National Convention.
Of the 286 Democratic congressmen and governors, 241 (84%) have confirmed their support for Harris, which reduces uncertainty in the financial market, according to an economic analysis by Banco Base.
The capital market closed the session with general gains at a global level, rebounding from last week’s heavy losses.
The Dow Jones posted a gain of 0.32%, snapping a two-session losing streak.
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2024-07-27 21:15:18