The Mexican Stock Exchange (BMV) started the last session of the week with a gain of 2.22%, contrary to the end of the previous day with a loss of 5.28%.
At the beginning of trading, the main indicator of the local stock market, the S&P BMV IPC, started at 37 thousand 487.68 units.
Read: The dollar exceeds 22 pesos and Banxico makes exchange auction before COVID-19
For Grupo Financiero Monex, in its market opening report, it explained that stock markets have mostly positive movements, after validating some relevant economic data.
But mainly, he said, after a historic drop in major global indices during the previous session, stemming from the effects that coronavirus could have on the global economy and in the face of unattractive fiscal stimulus for investors.
This morning in bank windows the dollar sells at 22.03 pesos, after yesterday it reached an all-time high of 22.26 at the close.
In the course of Thursday, the Mexican peso fell 7.4%, at a record 22.97 per dollar.
Banxico, at the instruction of the Exchange Commission, came to the rescue of the peso and offered exchange coverage for $2 billion to make the market run in an orderly manner.
With information from Notimex
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