Overview of Mexican Stock Market Performance
The Mexican stock market concluded trading on Monday with gains, extending its positive streak for the ninth consecutive day. The local markets remain vigilant during the earnings season, with no recent news from China or the United States.
Key Indices Movement
- The S&P/BMV IPC, managed by the Mexican Stock Exchange (BMV), increased by 0.46% to reach 56,980.13 points.
- The FTSE BIVA, operated by the Institutional Securities Exchange (Biva), rose 0.63% to 1,161.02 units.
Historical Market Performance in 2025
Since its recent low on April 11, the S&P/BMV IPC has gained 10.64%, currently trading at 56,980.13 points. Year-to-date, the index has shown a positive return of 15.08%.
Mixed Performance Within the Benchmark Index
Within the benchmark index, there were mixed performances. Cemex stocks led the gainers with a 3.69% increase to 12.08 pesos, following the release of their first-quarter results. Conversely, Peñoles, a mining company, suffered a 4.05% decline to 405.55 pesos.
Notable Declines
Among the decliners, airline Volaris experienced significant losses after reporting a decrease in revenues due to a 28.8% drop in average ticket prices per passenger. Volaris shares fell 14.32% to 7.90 pesos.
Market Focus and Upcoming Events
With no recent updates on the US-China trade relationship, market participants remain attentive to the local earnings season, which concludes on Wednesday. This week is expected to bring several significant economic reports, with Thursday being a holiday with no market activity.
Key Questions and Answers
- What is the current status of the Mexican stock market? The Mexican stock market has been on an upward trend for nine consecutive days, with the S&P/BMV IPC gaining 10.64% since its last low on April 11.
- Which companies have shown notable performance? Cemex stocks have been performing well, rising 3.69% after reporting their first-quarter results. However, Peñoles has experienced a 4.05% decline.
- What factors are influencing the market? The market remains focused on the local earnings season, with no recent news from China or the United States. Participants are also keeping an eye on upcoming economic reports this week.
