Mexican Stock Exchange

A private limited company, Mexico's only stock exchange's shareholders consist exclusively of authorized brokerage firms, each of which owns a single share. The exchange trades debt instruments including federal Treasury certificates (CETES), federal government development bonds (BONDES), investment unit bonds, banker's acceptances, promissory notes with yield payable at maturity, commercial paper and development bank bonds; and stocks, debentures, mutual fund shares, and warrants. The BMV calculates 13 indices of stock prices. Each index can be used as an underlying value for derivative products listed on specialized markets. The Price and Quotation Index, or IPC (Indice de Precios y Cotizaciones) is the broadest indicator of the BMV's overall performance. It is made up of a balanced weighted selection of shares that are representative of all the shares listed on the exchange from various sectors across the economy, and is revised twice a year. Weight is determined by market capitalization. The IPC's value is related to the previous day's value, rather than the base date of October 30, 1978. Indice México (INMEX) is a market capitalization-weighted index of 20 to 25 of the BMV's most highly marketable issuers, using their most representative series. The sample is limited to issuers with a minimum market value of $100 million, and is revised every six months. The weighting cannot be greater than 10% at the start of each calculation period. The Mid-Capitalization Index (IMC30) includes 30 stocks' series representative of the market's middle level of capitalization, and is aimed at mutual funds and derivatives markets as a reference for indexed instruments. Seven sector indices are calculated for mining, manufacturing, construction, retail, communications and transportation, services, and others. Three mutual fund indices are calculated. Trading is conducted electroni-cally through the BMV-SENTRA Equities System. Settlement is T + 2. Trading hours: 8:30 A.M. To 3 P.M. For the capital markets; 8 A.M. To 2:30 P.M. For debt instruments, both Monday through Friday. www.bmv.com.mx.

Mexican Stock Exchange Bolsa Mexicana de Valores, BMV
Type	Stock Exchange
Location	Mexico City, Mexico
Currency	Peso
Website	bmv.com.mx

The Mexican Stock Exchange (BMV: BOLSA) (in Spanish: Bolsa Mexicana de Valores, BMV) is Mexico's only stock exchange. It is headquartered on the prestigious Paseo de la Reforma in central Mexico City. It is the second largest stock exchange in the Latin America after Brazil's BM&F Bovespa. The total value of the Mexican Stock Exchange is estimated to be over US $600 billion. ^[1]

Contents 1 Structure and Operations 2 BMV Indices 3 Some listed companies 4 See also 5 References 6 External links

Structure and Operations

BMV is now a public company following its IPO in June 2008, and its shares are traded on the BMV equities market^[2]. Until its IPO BMV was owned by its members, which were a group of banks and brokerage firms. The exchange trades debt instruments including Federal Treasury certificates (CETES), Federal Government Development bonds (BONDES), Investment Unit bonds, Bankers acceptances, promissory notes with yield payable at maturity, commercial paper and development bank bonds. In addition, it also trades stocks, debentures, mutual fund shares, and warrants. Trading is conducted electronically through the BMV-SENTRA Equities System. Settlement is T+3, and trading hours are 8:30 a.m. to 3 p.m. for the capital markets and 8 a.m. to 2:30 p.m. for debt instruments (Monday through Friday).

BMV Indices

The BMV calculates 13 indices of stock prices. Each index can be used as an underlying value for derivative products listed on specialized markets. The main benchmark stock index is called the IPC, which stands for Índice de Precios y Cotizaciones, and is the broadest indicator of the BMV's overall performance. It is made up of a balanced weighted selection of shares that are representative of all the shares listed on the exchange from various sectors across the economy, and is revised twice a year. Weight is determined by market capitalization. The IPC's value is related to the previous day's value, rather than the base date of October 30, 1978. Since February 2009 the IPC index has included BMV's own A shares. Indice Mexico (INMEX) is a market capitalization weighted index of 20 to 25 of the BMV's most highly marketable issuers, using their most representative series. The sample is limited to issuers with a minimum market value of $100 million and is revised every six months. The weighting cannot be greater than 10% at the start of each calculation period.

Some listed companies

• América Móvil: Telecom
• Cemex: Cement
• FEMSA: Conglomerate
• Grupo Aeroportuario del Pacifico: Airports
• Grupo Bimbo: Food
• Grupo Modelo: Beverage
• TV Azteca: Television, Media
• Televisa: Television, Media
• Telmex: Telecom
• Vitro: Glass
• Walmex: Retail

See also

Wikimedia Commons has media related to: Mexican Stock Exchange

• List of companies traded on the Bolsa Mexicana de Valores
• List of brokerage firms of the Bolsa Mexicana de Valores
• List of Mexican companies
• Economy of Mexico
• Mexican peso

References

1. ^ http://www.auburnmountain.com/Regulation/Mexico.aspx
2. ^ http://www.stockexchange.com.mx

External links

• Official site

v • d • e IPC companies of Mexico Alfa  · América Móvil  · América Telecom  · Apasco  · Axtel  · Carso Telekom  · Cel V unit of Iusacell  · Cemex  · Consorcio Ara · Controladora Comercial Mexicana  · Corporación Geo · Corporación Interamericana de Entretenimiento · Desc · Fomento Económico Mexicano · Grupo Bimbo · Grupo Carso · Grupo Continental · Grupo Elektra · Grupo Financiero Banorte · Grupo Financiero BBVA Bancomer · Grupo Financiero Inbursa · Grupo Industrial Saltillo · Grupo Iusacell · Grupo México · Grupo Modelo · Empresas ICA Sociedad Controladora  · Industrias Peñoles  · Kimberly-Clark  · Organización Soriana · Savia · Telmex · Televisa · TV Azteca · US Commercial  · Vitro · Walmex C  · Walmex V

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