Mexico stock exchange resumes trading, says no trading engine failure

About this update from Bolsa Mexicana De Valores Sab De Cv Class A

By Noe TorresMexico's main stock exchange resumed trading on Monday after a more than two-hour suspension, which the bourse said was not caused by a failure of its trading engine.The Bolsa Mexicana de Valores (BMV) said it suspended its trading session at 7:27 a.m. local time, 3 minutes before the scheduled opening. Trading resumed at 9:55 a.m.The exchange said it implemented measures to maintain orderly market conditions before allowing trading to resume.A BMV spokesperson told Reuters earlier on Monday that trading had been halted due to a technical issue and that the cause was still under investigation.The exchange said in a statement issued after trading resumed that the interruption "was not a technological incident that affected the proper operation" of its MoNet trading engine. It also said necessary measures were taken to ensure fairness and continuity of trading.The BMV did not immediately provide further details on what prompted the suspension.The benchmark S&P/BMV IPC stock index BMV:ME was down 0.15% in morning trading following the reopening, while shares of the exchange operator BMV:BOLSA/A rose 0.72%.

View stock analysis, news, and events for Bolsa Mexicana De Valores Sab De Cv Class A