The Mexican Stock Exchange (BMV) fell 0.73% this Thursday, which led its main indicator, the Price and Quotation Index (IPC), to drop to 62,889.86 units, a day after registering a new historical maximum, in a day with losses worldwide.
“The capital market closed the session with losses among the main global stock indices, due to negative results from important technology sector stations such as Microsoft and Meta on Wednesday after the closing,” the director of economic and financial analysis of the firm Banco Base, Gabriela Siller, explained to EFE.
In Mexico, the expert noted, the IPC “closed the session with a loss of 0.73%, after three consecutive sessions of gains” and after reaching a new historical maximum of 63,352.85 units yesterday.
You may also be interested in: Mexican Stock Exchange breaks three-day losing streak
Within the Mexican market, Siller indicated, the profits of the stations stood out: Orbia (-5.75%), Inbursa (-3.64%), Grupo Aeroportuario del Centro (-3.52%), Grupo Aeroportuario del Pacífico (-3.17%) and Alfa (-3.06%).
Meanwhile, the director of Economic Analysis of the financial group Actinver, Enrique Covarrubias, pointed out that with the fall of this day, the CPI accumulates a return of -0.04% in October and 27.02% so far in 2025.
“The IPC broke a three-day positive streak and within the index, 25 of the 35 main stations closed in negative territory,” said Covarrubias.
On the day, the peso depreciated 0.43% against the dollar, trading at 18.55 units per greenback, compared to 18.47 on the previous day, according to data from the Bank of Mexico.
The volume traded in the market reached 215 million securities for an amount of 19,283 million pesos.
Of the 730 firms that traded on the day, 327 ended with their prices rising, 371 had losses and 32 closed unchanged.
The titles with the greatest upward variation were those of the steel products company Tenaris (TS) with 16.13%; of the domestic products company Grupo Vasconia (VASCONI), with 15.23%, and of the City Express Hotels chain (HCITY), with 7.85%.
In contrast, the largest downward variations were from the construction materials company Orbia Advance Corporation (ORBIA), with -5.75%; from the Mexican Restaurant Corporation (CMR B), with -5.23%, and from the construction and infrastructure firm Grupo Mexicano de Desarrollo (GMD), with -4.76%.
With information from EFE.
Follow the information on the economy and finances in our specialized section
