Introduction
As we approach the end of the third quarter in 2025, an ANATEC and Asociación Mexicana de Instituciones Bursátiles (AMIB) survey of technical analysts paints a mixed picture for the end of 2025. The outlook includes moderate stock market recovery, currency stability, and a rise in key commodities.
Stock Market Outlook
The S&P/BMV IPC Index: On average, technical analysts predict the index will close at 60,471 points by the end of 2025. Grupo Financiero Banorte forecasts the highest level at 64,500 points, while Banamex anticipates the lowest at 58,000 points.
S&P 500 Benchmark: Apalache Análisis projects the highest level at 6,650 points, whereas Vector Casa de Bolsa estimates the lowest at 6,300 points.
Currency Outlook
Exchange Rate: The average prediction places the US dollar at 19.58 Mexican pesos, with Apalache being the most aggressive at 21.35 pesos and Monex the most conservative at 18.95 pesos.
Euro Exchange Rate: The euro is estimated at 1.17 US dollars, with a range from 1.14 US dollars (Vector) to 1.215 US dollars (Apalache).
Debt Market Outlook
10-Year Bond Yield: The average yield is projected at 8.70%, with CIBanco estimating the highest level at 9.00% and SANTEF predicting the lowest at 7.95%.
Commodities Outlook
Oil (WTI): Banamex predicts the highest price at 75 US dollars, while SANTEF forecasts the lowest at 58.40.
Gold: SANTEF anticipates the highest price at 6,690 US dollars per ounce, whereas Vector expects the lowest at 3,400.
Important Note
These projections from the ANATEC-AMIB analysts are based on technical analysis, including graphical, volume, and trend studies. They do not represent investment recommendations.
Key Questions and Answers
- What is the average prediction for the S&P/BMV IPC Index at the end of 2025? The average prediction is 60,471 points.
- Which analyst forecasts the highest level for the S&P/BMV IPC Index? Grupo Financiero Banorte predicts the highest level at 64,500 points.
- What is the average predicted exchange rate for the US dollar to Mexican peso at the end of 2025? The average prediction is 19.58 pesos per US dollar.
- Which analyst is the most aggressive in predicting the exchange rate for the US dollar to Mexican peso? Apalache Análisis predicts 21.35 pesos per US dollar.
- What is the average projected yield for the 10-year Mexican bond? The average yield is estimated at 8.70%.
- Which analyst forecasts the highest yield for the 10-year Mexican bond? CIBanco projects the highest level at 9.00%.
- What are the predicted prices for oil (WTI) at the end of 2025? Banamex anticipates the highest price at 75 US dollars, while SANTEF forecasts the lowest at 58.40.
- Which analyst predicts the highest price for gold at the end of 2025? SANTEF anticipates the highest price at 6,690 US dollars per ounce.
