Overview
- The IPC fell 0.12% to 61,672.35 on Monday, logging a second straight decline.
- The peso weakened about 0.1% to roughly 18.41 per dollar, according to Banco de México.
- Mexico’s market diverged from U.S. gains tied to strong results, with one analyst noting 85% of S&P 500 companies beat expectations.
- Breadth and turnover were active—161.8 million shares traded for 11,173 million pesos—with 406 advancers versus 172 decliners, yet 24 of the 35 key IPC constituents finished lower and the index stands at −2% for October and +24.6% year to date, per Actinver.
- Stock moves were uneven as Organización Cultiba, BBVA México and Hoteles City Express rose while Quálitas, Coca‑Cola Femsa and several banks fell, with local reports linking pressure to recent fiscal changes approved in the Chamber of Deputies.