Home Business The Mexican Stock Exchange goes for its third consecutive session of earnings

The Mexican Stock Exchange goes for its third consecutive session of earnings

MEXICO CITY – For the third consecutive session, the Mexican Stock Exchange (BMV) wins this Monday by extending opportunity purchases after it suffered sharp declines that led it to register its worst monthly performance in October since 2009 .

The Price Index and Cpotizaciones (S & P / BMV IPC), which groups the 35 most liquid issuers in the square, has an advance of 0.23% to be located in the 45,553 units.

The FTSE BIVA index in the new Stock Exchange rises 0.61% to 924 integers.

Wall Street, on the other hand, operates mixed since a fall of more than 2% in the shares of Apple weighed on the Nasdaq, but the S & P 500 and the Dow Jones were backed by an increase in energy titles.

The Dow Jones rises 0.32% to 25,352 units, the S & P 500 scales 0.22% to 2,728 integers while the Nadsaq technology index drops 0.64% to 7,306 points.

Petroleum

Oil prices rise after US sanctions against Iran were tempered by exemptions that will allow large buyers to temporarily import Iranian crude, while Tehran said it will defy Washington and continue selling its crude.

US West Texas Intermediate (WTI) crude futures for December delivery are up 0.74% when sold at 63.61 dollars per barrel (dpb) while the British benchmark Brent for January delivery is sold at 72.64 dpb, which means a gain of 1.11% compared to the previous closing.

Read: Europe condemns new US sanctions on Iran

Both oil referents have lost more than 15% since touching four-year highs at the beginning of October as hedge funds have reduced bullish bets on crude to a minimum of one year, data consulted by Reuters.

We recommend: Alfa announces sale of an oil property in Texas for 33 million dollars

Washington imposed sanctions against Iran on Monday, resuming measures taken under a 2015 nuclear agreement negotiated by the government of former President Barack Obama, and adding 300 new appointments in Iran's oil, shipping, insurance and banking sectors.

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