Overview of Mexican Stock Market Performance
The performance of the Mexican stock market during the first half of 2025 has been resilient, registering gains exceeding 15% in a period marked by high global uncertainty.
Key Market Indicators
- S&P/BMV IPC: 16.07% increase
- FTSE-BIVA: 15.41% increase
On the last trading day of June, both the S&P/BMV IPC and FTSE-BIVA closed with mixed results. The S&P/BMV IPC rose 0.10% to 57,450.88 points, while the FTSE-BIVA fell 0.12% to 1,159.15 points.
During June, both indices experienced declines: S&P/BMV IPC dropped 0.68%, and FTSE-BIVA fell 0.87%.
Global Uncertainty and Its Impact
Experts from Banorte highlighted that the second quarter of 2025 was characterized by significant global uncertainty, with debates focusing on the effects of potential changes in U.S. trade policies.
“This includes the imposition of reciprocal tariffs on goods such as automobiles, steel, and aluminum. These tensions led governments, multilateral organizations, and analysts to downgrade growth projections.”
While trade policy changes dominated headlines, other significant issues also emerged. These included difficulties in resolving the war between Russia and Ukraine and growing hostilities between Israel and Iran.
Analyst Perspectives on Mexican Stocks
Monex Casa de Bolsa analysts noted that the S&P/BMV IPC experienced a slight retreat of 0.68% in June, falling from its historical high.
“In the coming weeks, it will be crucial to assess growth expectations for the upcoming corporate reporting season, which currently appear resilient. Additionally, continued attention should be paid to both local and international economic performance and its potential impact on issuers.”
Performance of Wall Street Indices
The three major indices on Wall Street increased approximately 5% in the first six months of 2025, pushing them to new record highs.
Key Index Performance
- Dow Jones Industrial Average: 0.63% increase to 43,094.77 points
- S&P 500: 0.52% increase to 6,204.94 points
- Nasdaq Composite: 0.48% increase to 20,369.73 points
In June, the Nasdaq rose 6.57%, followed by the S&P 500 with a 4.96% increase and Dow Jones with a 4.32% gain. For the year 2025, index gains have been limited: Dow Jones is up 3.64%, S&P 500 advances 5.49%, and Nasdaq Composite improves 5.48%.
Factors Driving Market Optimism
According to Actinver Casa de Bolsa analysts, market optimism in June was fueled by resilient labor market indicators reflected in the May employment report, signals of continuity and revival in AI-related projects, and potential U.S.-China trade agreements.
“These factors successfully countered the cautious tone reinforced by the Federal Reserve regarding its upcoming interest rate movements and geopolitical tensions in the Middle East.”
Key Questions and Answers
- What is the performance of Mexican stocks in the first half of 2025? Mexican stocks have shown resilience with gains exceeding 15%.
- What global uncertainties affected the market in Q2 2025? Global uncertainty was marked by debates on potential U.S. trade policy changes, including tariffs on automobiles, steel, and aluminum.
- How did Wall Street indices perform in H1 2025? The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all increased approximately 5%.
- What factors drove market optimism in June 2025? Resilient labor market indicators, AI project revival signals, and potential U.S.-China trade agreements fueled market optimism.
