Mexico City, Mexico /
The Price and Quotation Index (IPC) of the Mexican Stock Exchange (BMV) low 0.32 percent to 49 thousand 666.01 points at the close of Tuesday 17 of October of 2023after a volatile and uneven day among the stock markets of Latin America.
The national currency fell due to uncertainty among global investors, due to the escalation of the war between Israel and Hamas, after bombings that left a hospital in ruins. the Gaza Strip.
Results on 17 of October of 2023
To explain the influence of the Hebrew and Palestinian war on the results of the BMV this 17 of October of 2023, Gabriela Siller, director of analysis at the local firm Banco BASE, detailed:
“Uncertainty continues in the financial market […] In economic terms, a larger conflict in the Middle East would affect supply chains, oil production, International Trade, economic growth and global financial stability“.
— Mexican Stock Exchange Group (@BMVMercados) October 17, 2023
Televisa shares fell 7.77 percent to 9.49 pesos; they followed GAP shares with 2.57 percent less, at 239.43 pesos.
The rate of Treasury Certificates (Cetes) registered mixed changes in the weekly auction of government securities, when placed andn 10.95 percentdescent of 10 basis points in front of the previous auction.