Overview of Mexican Stock Market Performance
The main stock indices in Mexico concluded the trading day on Friday with gains, reflecting a recent positive trend and incorporating various economic data.
- S&P/BMV IPC: The Bolsa Mexicana de Valores (BMV) index rose by 0.96% to reach 59,225.48 points.
- FTSE-BIVA: The Bolsa Institucional de Valores (Biva) index increased by 1.03% to 1,186.87 points.
This marked the third upward movement in five trading days, making it the fourth positive week out of the last five.
Historical Milestones and Recent Performance
- S&P/BMV IPC: The index achieved a new historical maximum, the first since late May.
- FTSE-BIVA: The index is currently 1.77% below its last record, which was reached in February 2024.
During the week, the S&P/BMV IPC gained 1.55%, and the FTSE-BIVA increased by 1.42%.
Factors Influencing the Positive Trend
The market took into account that Mexico’s economic performance was revised downward for the second quarter of the year. However, this revision likely did not affect risk appetite since it aligned with analysts’ expectations.
- Local Inflation: The inflation rate for the first half of August was lower than expected, which supports Banco de México’s narrative of continuing to lower interest rates.
Mexican stock markets have shown a positive trend in 2025, advancing more than 18% so far and presenting their best first half since 2007. Analysts anticipated that this positive performance could continue.
Key Factors Driving the Uptrend
Experts attribute the positive trend to several factors, including:
- Preferential Trade Treatment: Continued hopes that Mexico will maintain preferential status in the US tariff strategy.
- Favorable Fundamentals: Positive fundamental factors supporting the market.
- Quarterly Earnings: Strong quarterly results from issuers.
- Low Valuation of Stocks: Low valuations of equities.
Key Questions and Answers
- Q: What are the main Mexican stock indices and their recent performance?
- Q: How has the Mexican economy influenced the stock market recently?
- Q: What are the key factors driving the positive trend in Mexican stock markets?
A: The S&P/BMV IPC rose 0.96% to 59,225.48 points, while the FTSE-BIVA increased by 1.03% to 1,186.87 points. Both indices have been on an upward trend for the past five trading days, with the S&P/BMV IPC reaching a new historical maximum.
A: Although Mexico’s economic performance was revised downward for Q2, this revision did not negatively impact the risk appetite since it aligned with analysts’ expectations.
A: Factors such as hopes for preferential trade treatment with the US, favorable fundamentals, strong quarterly earnings from issuers, and low valuation of stocks have contributed to the positive trend in Mexican stock markets.
