Mexico City (Reuters) The peso and the BMV backed up beaten by the nervousness of investors on the potential impact of the tariffs promised by President Donald Trump for next week.
Adding to the concerns in the morning figures were released in the United States that showed a rebound in prices pressures last month. Another report showed a deterioration in consumer confidence during March.
The currency closed at 20,3460 per dollar, with a depreciation of 0.24% compared to LSE’s reference price on Thursday, scoring its fourth consecutive day of losses.
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In the week the weight added a deterioration of 0.60%. Even so, the forward perspectives are positive.
In the Chicago Mercantile Exchange, the speculative positions in favor of an appreciation of the peso increased for the third consecutive week to place themselves at levels not seen since August.
Bag yields 0.57%
In the share market, the referential index S&P/BMV IPC fell 0.57% to 53,172.97 points. However, it accumulated a weekly return of almost 1%.
The decline of the session was headed by the titles of the CEMEX cement, which subtracted 5.15% to 11.61 pesos, its greatest daily fall since October. The Global Ratings agency reported on the eve that reiterated its issuer credit rating in “BBB-“, with a “stable” perspective.
Outside the index highlighted a collapse of 5.47% to 10.72 pesos from the Alpek petrochemical papers after its Alpha Matrix reported Thursday afternoon that it had completed its splitting process.
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As for government debt, 10 -year bonus yield decreased 12 base points to 9.35% in the secondary market, while the 20 -year rate dropped 10, to 9.91%.
With Reuters information
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