BMV falls after weak economic data from China

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Mexican stock exchange.
The Mexican stock exchange(BMV) closed the day on Tuesday with a decline of 0.17 percent, in its benchmark index S&P / BMV IPC, composed of Actions of the 35 firms plus lmarket equids, yielded 0.17 percent to 42,588.10 points, with a volume of 151.2 million traded securities. Before, the square advanced almost 0.5 percent to operate near the 42,900 units.

The BMV it was appreciated and the stock market backed down in a session of ups and downs before expectations that the Federal Reserve of U.S cut its benchmark interest rate again, while the market expects the European Central Bank to take similar actions this week.

The assets jumped from positive to negative terrain and vice versa, amid waves of lower appetite for risk after weak economic data of China reinforced concerns about a global recession.

Contrary to the general behavior of the square, he highlighted the advance of 5.3 percent to 45.07 pesos of the restaurant operator's papers Alsea

In the debt market, the 10-year bond yield rose eight basis points to 7.10 percent, while the 20-year rate totaled 16 to 7.52 percent.