17:46 GMT +319 July 2019
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    A man works at Mexico's stock exchange, or MBV, next to a television showing U.S. stock markets during trading in Mexico City

    Mexican Stock Down After Donald Trump’s Election Win

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    Donald Trump Elected 45th US President (281)
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    The Mexican Stock Exchange (BMV), the second largest in Latin America, closed with a 2.23 percent drop on Wednesday, following Donald Trump’s victory in the US presidential elections.

    MEXICO CITY (Sputnik) – The Mexican Stock Exchange Mexican Bolsa IPC Index was down at 47,400 points late on Wednesday.

    At the opening of Wednesday trade, the IPC drop was at 4 percent, although the index recovered by almost 2 percent later in the day.

    The Mexican peso was the first to take a hit when Trump’s victory became obvious. The currency lost 13 percent against the US dollar in the early hours of Wednesday.

    Trump won in the Tuesday US presidential elections, despite expectations that his Democratic rival Hillary Clinton would come ahead.

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    Donald Trump Elected 45th US President (281)

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