The Mexican Stock Exchange (BMV) advanced this Thursday 2.14 %, its highest gain since September 24, 2024, in an environment of generalized gains globally.
The referential S&BMV IPC index was located at 52,674.79 points and highlighted the strong jump of the CEMEX cement shares after making its results of the fourth quarter of 2024 known.
The titles of the cement company, one of the largest in the world, climbed 12.43% to 13.75 pesos, its best session since March 2020.
“The strong gain was due to the positive result of the CEMEX station, because it has the expectation of a great demand for cement in the United States in 2025,” explained the Base Financial Group in a report.
“Despite a report with a slight drop in profits, Cemex maintains a solid generation of cash, reduction in leverage and expansion in profitability greater than expected. We reiterate our recommendation of ‘Superior to Market’, ”said Actinver firm.
Lee: Cemex reports profits and seeks to start savings program of 350 million dollars
As for government debt, 10 -year bonus yield decreased two base points to 9.85%, while the 20 -year rate rose seven, 10.37%.
With Reuters information and Efe
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