Overview of Recent Market Performance
The Mexican stock market concluded its trading on Thursday with gains, marking the seventh consecutive day of advancement. The local stock indices have been closely watching news from the United States, China, and first-quarter corporate reports.
Key Stock Market Indices
- The leading index of the Bolsa Mexicana de Valores (BMV), the S&P/BMV IPC, rose by 1.10% to 56,282 units.
- The FTSE BIVA index, managed by the Bolsa Institucional de Valores (Biva), increased by 1.04% to 1,148.36 points.
S&P/BMV IPC
The S&P/BMV IPC, Mexico’s primary stock market index, has gained 9.29% since its recent low of 51,498.90 points, reaching its best level in almost a year. So far in 2025, the benchmark index has increased by 13.87%.
Notable Gainers
Among the top performers, Alfa led the way with an 8.81% rise to 14.57 pesos, following a positive outlook after recent spin-offs during its earnings presentation.
Market Influences
President Donald Trump of the United States mentioned progress in trade talks with China to ease tensions, although the Chinese government later stated that any media reports on negotiation progress should be disregarded.
On the domestic front, Mexico’s inflation rate unexpectedly accelerated to 3.96% in the first half of April, according to the National Institute of Statistics and Geography (INEGI). Despite this increase, it remains within the official target range, leaving no changes to expectations that the Bank of Mexico will continue lowering its key interest rate.
Mexico City’s mayor, Claudia Sheinbaum, dismissed claims that the country experienced a technical recession in the first quarter, contradicting assessments from firms like Citi. The INEGI is expected to release the GDP data for March next week.
Key Questions and Answers
- Q: What is the current status of the Mexican stock market? A: The Mexican stock market has been on a seven-day winning streak, with the S&P/BMV IPC gaining nearly 14% year-to-date.
- Q: What are the key influences on the Mexican stock market? A: The market is closely watching news from the United States and China, as well as first-quarter corporate reports.
- Q: What recent developments have impacted the Mexican stock market? A: President Trump’s comments on trade talks with China and Mexico’s inflation rate report from the INEGI have influenced market performance.
- Q: How has the Mexican economy performed recently? A: Despite speculation of a technical recession in Q1, Mexico City’s mayor Claudia Sheinbaum dismissed these claims. The INEGI will soon release the GDP data for March.
