General News

Financial indicators as of Thursday, April 9, 2015

–Mexican Stock Market (BMV) opened at 44,980.56, an increase of 1,349.60 points from Thursday, March 26, 2015.

–Interest paid on 28-day Treasury Certificates (CETES) was down at 3.02 percent from Thursday, March 26, 2015.

–Bank Interest paid on 28-day 10,000 to 50,000 peso Promissory Notes was down ranging from .80 to 2.17 percent. 

–U.S. dollar traded Thursday at 14.50 pesos buy, 15.50 pesos sell.

–Canadian dollar traded at 11.05 pesos buy, 12.25 pesos sell.

–Euro traded at 15.65 pesos buy, 16.70 pesos sell.

–Gold (1 oz) Mexico: 17,927.34 pesos; New York: 1,210.70 U.S.

–Oil (brl) Mexican mix: 48.64 U.S.; West Texas Intermediate: 50.42  U.S.

–Inflation February 2015: 0.28 percent.

–Annual Inflation (from Feb. 2014 to Feb. 2015): 3.00 percent.

Despite plunging oil prices and a weakened peso, Mexico’s 16 billionaires had nothing to complain about in 2015.

Jabil Circuit, Inc. has opened its fourth metropolitan area plant in the Guadalajara Technology Park, situated four kilometers past the city beltway (periferico) on the highway to Tepic. 

The U.S.-based global electronics manufacturing services company is investing US$10 million in the plant that will provide 600 full-time jobs.

Jalisco Governor Aristoteles Sandoval boasted that the deal to open another Jabil facility in the city is a direct result of a trade trip he made last year to California.

Headquartered in St. Petersburg, Florida, Jabil is the third largest contract manufacturer in the world, with 90 facilities in 23 countries and 175,000 employees worldwide. Its customers span numerous industries, including health care, life sciences, clean technology, instrumentation, defense, aerospace, automotive, computing, storage, consumer products, networking and telecommunications. In 2012, Jabil was recognized by Fortune magazine as one of the Fortune 500 Most Admired Companies.

For the first time Mexico is exporting more automobiles to the United States than its northern neighbor Canada.  In 2014, 1,875,575 vehicles from Mexico were sold in the United States, compared to 1,843,295 from Canada.

Financial indicators as of Thursday, March 19, 2015

–Mexican Stock Market (BMV) opened at 44,360.87 an increase

    of 1,133.67 points from Thursday, March 12, 2015.

–Interest paid on 28-day Treasury Certificates (CETES) was

    down at 3.04 percent from Thursday, March 12, 2015.

–Bank Interest paid on 28-day 10,000 to 50,000 peso Promissory

    Notes was steady ranging from 1.00 to 2.17 percent. 

–U.S. dollar traded Thursday at 14.55 pesos buy, 15.60 pesos sell.

–Canadian dollar traded at 11.10 pesos buy, 12.25 pesos sell.

–Euro traded at 15.90 pesos buy, 16.95 pesos sell.

–Gold (1 oz) Mexico: 17,686.43 pesos; New York: 1,151.60 U.S.

–Oil (brl) Mexican mix: 42.45 U.S.; West Texas Intermediate: 44.66 U.S.

–Inflation February 2015: 0.28 percent.

–Annual Inflation (from Feb. 2014 to Feb. 2015): 3.00 percent.

At least five new high-rise buildings are planned for the plush Andares zone of Zapopan at the convergence of Avenida Patria and Acueducto.  Work on the first tower block, the 25-storey The Landmark, will begin during the second semester of the year at a cost of 220 million dollars,  The building will include luxury residences, offices and a hotel.  Other projects include the 30-story Lobby 33 and the 29-storey Attala building, with work on both slated to begin later this year.

Increased appetites for frog’s legs at restaurants in the United States has seen a modest surge in the number of frog farms in the state of Jalisco.

–Mexican Stock Market (BMV) opened at 43,296.55 a decrease of 505.52 points from Thursday, February 26, 2015.

–Interest paid on 28-day Treasury Certificates (CETES) was up at 3.01 percent from Thursday, February 26, 2015.

–Bank Interest paid on 28-day 10,000 to 50,000 peso Promissory Notes was changed ranging from 1.00 to 2.17 percent. 

–U.S. dollar traded Thursday at 14.00 pesos buy, 15.40 pesos sell.

–Canadian dollar traded at 11.15 pesos buy, 12.30 pesos sell.

–Euro traded at 16.20 pesos buy, 17.25 pesos sell.

–Gold (1 oz) Mexico: 18,200.21 pesos; New York: 1,207.20 U.S.

–Oil (brl) Mexican mix: 49.41 U.S.; West Texas Intermediate: 51.53 U.S.

–Inflation January 2015: 0.58 percent.

–Annual Inflation (from Jan. 2014 to Jan. 2015): 3.07 percent.