The peso operated stable this Thursday while the BMV fell, in the midst of a holiday in the United States for the Thanksgiving Day holiday that reduced liquidity and a crucial reference to the markets.
The dollar stood at 18.3492 pesos, a marginal depreciation of 0.03% for the national currency, according to closing data from Banxico.
“The technical band is between 18.28 and 18.68 pesos per dollar. The accumulated gain in the year for the peso against the dollar is now 11.9%,” Actinver said in a note.
U.S. economic activity was little changed in recent weeks, although employment was weaker in about half of the Federal Reserve’s 12 districts and consumer spending declined, the U.S. central bank said on Wednesday, likely reinforcing concerns about a weakening labor market.
More details: Peso is trading stable in the middle of a holiday in the US; BMV falls
The benchmark S&P/BMV IPC stock index, meanwhile, closed with a preliminary drop of 0.95% to 62,644.05 points. On Wednesday it closed stable after two sessions with increases of 1%.
The shares of Walmart de México preliminarily subtracted 2.10%, to 60.51 pesos, while those of the restaurant operator Alsea lost 2.36%, to 48.72 pesos, and were among those that fell the most, along with the papers of Industrias Peñoles, which fell 2.27% to 761.35 pesos, in the midst of profit-taking.
In the debt market, the 10-year bond yield rose 1 basis point to 8.80%, while the 20-year rate rose 3 basis points to 9.39%.
With information from Reuters
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