The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Capital Markets

BMV closes up 0.97% and breaks record

Publication: Corporate México - Business Briefing

Provider: Corporate Mexico

BMV closes up 0.97% and breaks record

Source: El Economista – Valores y Dinero Mexico City Stock Exchange (BMV) closed yesterday’s session with a 0.97% earning and broke a new record, the 37th so far this year. The Price and Quotation Index (IPC), BMV’s main indicator, stood at 16,293.53 units. Transactions involved 96.60 million securities. BMV’s good performance was attributed to Walmex, America Movil and Telmex, which have better corporate growth forecasts. Merrill Lynch upped Wal-Mart’s price objective from P$60 to P$70 and confirmed a “buy” recommendation. In addition, it rose profit-by-share recommendations from P$2 to P$2.04 for 2005, and from P$2.44 to P$2.54 for the next year.

This abstract is provided by Internet Securities, Inc. as a service to its customers. Internet Securities, Inc. makes no representation or warranty regarding the accuracy or content of the translation.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree