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Daily increase: 625 Deaths, 4,346 Cases

By Ricardo Guzman | Fri, 06/05/2020 - 21:35

The Ministry of Health registered 625 new deaths from COVID-19 in the last 24 hours, bringing the national total to 13,170. A further 4,346 positive cases were added, meaning there are now 110,026 confirmed positive cases nationwide. For the second straight day, more than over 4,000 cases were recorded.

Director of Epidemiology José Luis Alomía said that 324,889 people have been tested, and of these 166,449 have tested negative for the virus. Active cases reached 19,015, with Mexico City, State of Mexico, Jalisco, Guanajuato, Tabasco, and Puebla at the top of the ranking.

During today’s briefing it was reported that the whole country is now on red light, after Zacatecas was upgraded from orange to red.   

 

As of Friday, June 5

4,346     new cases (from yesterday)

110,026 confirmed cases nationwide

48,822   under investigation

13,170   deaths

 

Impact on markets (19.30 hrs)

US Dollar              MX$21.62            (-1.20%)

BMV IPC               38,948.08             (2.84%)

Dow Jones          27,110.98             (3.15%)

 

 

Alliance of eight governors

Eight governors who established an alliance to face the COVID-19 pandemic asked President Andrés Manuel López Obrador for a dialogue on the federal strategy. “We are a group of democratically elected governors who resist the federal policies because we believe that they do not attend to the health crisis with resources and solidarity,” states the letter signed by governors of Guanajuato, Coahuila, Nuevo León, Tamaulipas, Durango, Michoacán, Colima, and Jalisco and sent to President López Obrador.

 

Yucatan decides to go orange

The Yucatan government decided that its COVID-19 epidemiological traffic light should change from red to orange, given differences with this week’s federal data. Starting next Monday Yucatan will begin to resume non-essential activities, including manufacturing, real estate and rental services, wholesale trade, offices, and hotels and restaurants only at 25 percent of its capacity.

 

BMV records historic week

The Mexican Stock Exchange (BMV) closed Friday rising 2.84 percent, recording a weekly gain of 7.82 percent, the highest since July’s 2009 third week. IPC index closed at 38,948.08 units today accumulating a 7.61 percent weekly rise and recovering to levels seen last March 11, when the COVID-19 pandemic was declared.

 

Peso ends another week with gains

After closing Friday with gains driven by increasing optimism in financial markets, the exchange rate ended the week at MX$21.62 per dollar according to Banxico. Boosted by oil prices recovery impact on emerging countries, the Mexican currency has accumulated three consecutive weeks of gains against the US dollar.

 

Red light for Mexico City until next week

Mexico City will be kept at a red light next week, Head of Government Claudia Sheinbaum said. “This was announced yesterday by Deputy Minister of Health Hugo López-Gatell and agreed with all states. Throughout the coming week the city remains in red,” she said. Sheinbaum explained that hospitalizations have not decreased. “Traffic light will change to orange if hospitalizations are under 65 percent, and reduction is sustained for two straight weeks,” she said.

 

Ciudad Juárez hospital  

A hospital for recovering COVID-19 patients was inaugurated in Ciudad Juárez, IMSS has reported. The recovery unit will be operated by more than 200 workers, including doctors,, nurses, X-ray technicians, and warehouse staff.

Ricardo Guzman Ricardo Guzman Editor

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