MEXICO CITY.- The peso depreciated this Thursday before a global rebound in the dollar after the publication of solid data from the US economy, while the Mexican Stock Exchange rose for the third day attentive to the first corporate reports of the second quarter.
Retail sales in the United States grew more than expected in June, according to the report of the Office of the Department of Commerce. Another report showed that weekly orders of unemployment subsidy decreased last week.
Lee: Latin American markets fall strongly after Trump’s triumph; Mexican weight leads losses
The exchange rate was 18,7569 pesos per dollar, which meant for the national currency a depreciation of 0.16% compared to the previous session, according to Banxico closure data.
Comments from some Fed officials, among them, governor Adriana Kugler stood out in the session, who said the Central Bank should not cut the “for some time” rates as the impact of tariffs begins to have an impact on consumer prices.
Bag advances 0.37%
The leading S&P/BMV IPC share index won 0.37% to 56,714.92 points.
The titles of the continental Ark bottling company, the second largest in Coca-Cola in Latin America, advanced 2.46% to 195.44 pesos, after making known an increase in its quarterly net utility.
On the other hand, the Walmart retrieve papers of Mexico, with operations also in Central America, sank 7.04% to 53.49 pesos, after disseminating a weak report report on the eve.
In the debt market, 10 -year bonus yield culminated without changes against its previous closure by 9.44%, just like the 20 -year rate that the day ended by 10.04%.
With Reuters information
Little text and great information in our X (formerly Twitter), follow us!
