The peso extended its gains against the dollar this Thursday for the third consecutive session, registering a daily appreciation of 0.47 percent, equivalent to 9.58 cents, to close at 20.2043 per spot dollar.

The Mexican peso consolidated below 20.30 per dollar in a day marked by the fall of the French minister, in addition to the historical maximum of bitcoin, which exceeded 100 thousand dollars per unit after the appointment of Paul Atkins to the Securities and Exchange Commission from the United Statesexplained the CIBanco analysis area.

The national currency also took advantage of the global weakness of the dollar to accumulate a gain of 0.92 percent in the past three days. The US currency index, which measures its behavior against a basket of six international currencies, depreciated 0.53 percent, to 105,722 units.

Pending the publication of the United States employment report for November, which outlines the creation of 215 thousand job positions and an unemployment rate of 4.1 percent, the dollar also weakened due to the data on initial applications for unemployment support in the United States for the week of November 30, which increased by 9 thousand compared to the previous week to stand at 224 thousand, above the market expectation of 215.6 thousand. This increase is a sign of deterioration in the labor market and generates speculation about the monetary actions of the Federal Reserve on December 18.

On the other hand, despite the decline on Wall Street, the Mexican Stock Exchange, which celebrates 130 years of existence, gained 0.99 percent yesterday, equivalent to 507.04 integers, to close at 51,756.84 points. The stock market entity, through the Price and Quote Index, was supported by the gain in the shares of the airports Asus, Gap, Oma, Volaris, Alsea, Cementos Chihuahua and Gentera, mainly. Meanwhile, Elektra shares fell for the second consecutive day, in which they accumulated a loss of 13.28 percent. This Thursday it decreased 6.55 percent, to 249.33 pesos.

By Editor

Leave a Reply