The MILA (acronym which stands for Latin American Integrated Market) could keep growing, not only in traded volume but in members, by the end of the year.
The Mexican Stock Exchange is doing their best effort in order to complete the internal process for their entrance into the MILA, which opens the door not only for attracting investors into the Stock Exchange of the country creating more opportunities to fundraise capital for their companies, but also by giving the opportunity to their investors to diversify their portfolio and create more value to their businessman.
Also the traded volume has been increasing month after month and the mutual funds created specifically for this market have been raising capital in a very successfully way, and now they have raised 60 million dollars.
These factors have a positive impact in the market value of the shares of the companies which are included in the MILA, becoming an important factor for the value generation of these companies. According to the BVC (Spanish acronym for Colombian Stock Exchange) the Colombian companies listed in the MILA grew 10.17% their value until June of 2012 in comparison to the market value of the end of 2011. This represents an incredible 1.69% per month of interest for an investor which bet in this market.
This position the companies listed in the MILA as a great investment for the rest of the current year, with a great potential of getting a very good interest rate for that investment. According to the econometrics this shares could end the year with 20.34% of gains. If you are an investor may be you should think about it.