Overview

• The S&P/BMV IPC closed Friday at a record 60,479.76 and the FTSE-BIVA at 1,211.44, with BIVA setting its first new high since February 2024.
• The IPC gained about 3.0% on the week and is up roughly 22% in 2025, marking one of its strongest year-to-date runs since 2009.
• The rally has drawn support from weaker U.S. employment figures that boosted expectations for Federal Reserve rate cuts.
• Domestic signals, including President Claudia Sheinbaum’s tariff plans under Plan México and optimism over U.S. talks, have reinforced sentiment and kept global investors engaged.
• Gains remain uneven across stocks, with weekly leaders including Industrias Peñoles, Banco del Bajío and Grupo Bimbo, while José Cuervo, Coca-Cola FEMSA and América Móvil lagged; on Monday the IPC dipped 0.06% at the open as investors awaited inflation data in the U.S. and Mexico.