The weight and BMV culminated on Friday a week of accumulated losses due to the uncertainty of investors on the potential impact of the partial closure of the US government.
The cessation of activities, from midnight on Tuesday, canceled the publication of economic data considered key, including an expected report of the non -agricultural payroll and the September unemployment rate that should have been released on Friday morning.
The currency quoted at 18,3991 units per dollar almost at the end of the businesses, with an appreciation of 0.12% compared to the LSE reference price on Thursday, although in the week it accumulated a 0.3% decline.
The figures of the US labor market are an important reference for the decisions of the Federal Reserve (FED), which is scheduled for its next meeting on October 28-29.
Given their absence, investors directed their attention to other reports, such as the survey of the Institute of Management and Supply (ISM), which showed which activity of the services sector stagnated in September.
Analysts and operators agreed that the weak performance supports the expectation that the US Central Bank would reduce interest rates, after cutting a quarter of the last month.
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For now, the last session of the week was also marked by statements of some members of the Fed, including Governor Stephen Mira who reiterated his call in favor of an aggressive path of rates of rates.
At the local level, he highlighted the publication of a better report to the foresee of gross fixed investment. Meanwhile, the Fitch agency raised on the eve the credit risk rating of the state oil company Pemex.
The referential shareholding index S&P/BMV IPC yielded 0.38% to 61,984.43 points, adding a weekly decline 0.52%, after having scored on Wednesday a historical maximum of 63,182.59 units.
The titles of the Orbia conglomerate headed Friday’s casualties, with 5, .41% less at 17.49 pesos, followed by those of the Pinfra road concessionaire, which subtracted 2.60% to 238.05 pesos.
In the secondary debt market, the 10 -year bonus yield rose two basic points to 8.65%, while the 20 -year rate ended the day without changes against its previous closure, at 9.29%.
With Reuters information.
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