The Fibras Index with barely a yield of 2.4% in the year
The S&P/BMV Fibras index, of the Mexican Stock Exchange (BMV), accumulated a yield of only 2.4% so far this year, to settle at 229.33 points, from the 223.86 with which it started this 2017.
The yield is below the advance of 6.01% recorded by the S&P/BMV IPC (Price and Quotation Index), the main indicator of the Mexican Stock Exchange in the same period.
The manager of Analysis of Signum Research, Armando Rodríguez, explained that the performance and the valuation of the Fibras in the BMV has been marred by a series of factors such as the increase in the reference interest rates that currently stand at 7.25% ; as well as the renegotiation of the North American Free Trade Agreement (NAFTA).
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