By THE PULSE NEWS MEXICO STAFF

Mexico’s stock exchange, the Bolsa de Valores, closed up Monday, June 7, in response to the initial results of the country’s midterm elections one day earlier, hitting levels not seen in more than three years.

The Index of Prices and Quotations (CPI) rose 1.87 percent, its biggest gain since the beginning of April, which took it to 51,427 points, its highest level since July 25, 2017.

This new show of confidence in the Mexican economy was reflected almost across the board.

Of the eight sectors that make up Mexico’s main stock reference, seven reported increases and only the goods sector fell by 1.9 percent.