The Mexican IPC index rose 0.34 percent to 27,340.83 points as falling oil and commodity prices buoyed hopes for a revival of consumer spending in the United States, Mexico's top trading partner and the bonds jumped to a two-month high.
Broadcaster Group Televisa rose 2.15 percent to 52.76 pesos while its New York traded stock climbed 2.49 percent to $25.96. Shares of Banorte, Mexico's fifth biggest bank and the biggest Mexican bank not owned by a global financial institution, gained 3.41 percent to 42.72 pesos.
The government's benchmark 10-year peso bond rose 1.103 points in price to bid 94.681, the highest since early June. The bond's yield, which moves inversely to its price, fell 18 basis points to 8.58 percent. The peso slipped on Friday after the central bank tightened borrowing costs as expected, but investors bet it would be the last interest rate hike of the year. The peso weakened 0.14 percent at the central bank's final 1:30 pm (1830 GMT) reference to 10.1835 per dollar.
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