Overview

• Market analysts from Banorte, Monex and Bx+ expect the BMV to announce Alpek’s removal at Friday’s close, with changes effective September 22.
• Only Alpek is projected to leave, which would return the S&P/BMV IPC sample to 35 constituents.
• Alpek traded on 80 days over the relevant period versus the 117 days required to satisfy the 95% trading-frequency threshold.
• Orbia is expected to retain its place in the benchmark despite the adjustment.
• The IPC methodology also requires at least three months of trading, a minimum 10% free float and a free-float market cap of at least 10,000 million pesos, criteria that shape investor access and passive flows.