Mexican Stocks, Peso Sink Again On Trump Effect

Mohammad Ali (@ChaudhryMAli88) Published November 11, 2016 | 08:30 AM

Mexican stocks, peso sink again on Trump effect

MEXICO CITY, , (UrduPoint / Pakistan Point News - 11th Nov, 2016 ) - Mexico's stock market and the peso plunged for a second straight day on Thursday in the wake of Donald Trump's victory in the US presidential election.

Stocks closed 4.57 percent lower than the previous day while the Currency collapsed by 2.88 percent to trade at 20.80 pesos per Dollar, according to private bank Citibanamex.

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