The Mexican Stock Exchange (BMV) suffered a 2.55 %drop on Monday, a setback that led to the price and contributions index (CPI), its main indicator, to be located at 60,404.19 units, dragged by the strong loss of the Grupo México Estir, the second with the highest capitalization within the CPI.
“The capital market closed the session with mixed results among the main stock market rates globally,” the director of Economic and Financial Analysis of the Banco Base, Gabriela Siller, told Efe.
In Mexico, said the expert, the CPI “closed the session with a loss of 2.55 %, the largest fall since April 4 (when it fell 4.8 %), because the Grupo México station, the second with the greatest capitalization within the CPI, showed a loss of 15.43 %in the session”.
“The loss occurs after last Friday, Grupo México presented an offer to buy Banamex, which would imply indebtedness,” added the specialist.
Within the Mexican market, he added, highlighted the losses of the stations: megacable (-3.1%), Banorte (-2.58%), Peñoles Industries (-2.03%), Orbia (-1.6%) and Walmex (-1.55%).
Meanwhile, the Director of Economic Analysis of the Actinver Financial Group, Enrique Covarrubias, indicated that with the decline of this day the Mexican index accumulates a contraction of -4% so far in October and reduced its gain so far from 2025 to 22%.
You may be interested: Actions of Grupo México sink 15.43% after launching offer by Banamex
“Within the 20 of the 35 main stations they closed in negative terrain,” said Covarrubias.
On the day, the Mexican peso was appreciated 0.27% against the dollar, when quoting in 18.34 units per green ticket, compared to 18.39 on the previous day, according to data from the Bank of Mexico.
The negotiated volume in the market reached 183.3 million titles for an amount of 18,833 million pesos (about 1,026 million dollars).
Of the 696 firms that quoted on the day, 347 ended their rise prices, 326 had losses and 23 closed without change.
The titles with the highest upward variation were from the Frisco Minera (Mfrisco A-1), with 7.74 %; of the Alpek chemical distributor (ALPEK A), with 5.48 %, and the Alpha Industrial Business Controller (ALFA A), with 4.7 %.
In contrast, the largest downward variations were from the Grupo México Business conglomerate (GMEXICO B), with -15.43 %; of the real estate developer Grupo Gicsa (GICSA B), with -3.93 %, and the Marketing of Corporate Medicines Fragua (Foggua B), with -3.66 %.
With EFE information.
Follow the information of the economy and finance in our specialized section
