Reuters.- The Mexican Stock Exchange (BMV) gained in its first operations on the Monday before a holiday and after concluding the period of quarterly reports that are listed on the local market.
The market is also waiting for the monetary policy announcement from the United States Federal Reserve in the middle of the week, in which it would announce the first cut in the bond purchase program.
The local benchmark S & P / BMV IPC index rose 0.65% to 51,641.09 points at 7.39 local time (1339 GMT). The square will close on Tuesday for the Day of the Dead.
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“During the months of November, the Stock Market measured by the IPC has been the most winning 32 times and 11 times it has registered losses, so this month that begins could be favorable, especially considering the lag it has had in the last two months,” he said. Meta-analysis consultancy in a report.
“It should also be advantageous to him that most of the companies that reported their 3Q21 results were positive,” he added.
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