Overview
- Mexico’s S&P BMV/IPC rose 1.61% to 67,403.08 and the FTSE-BIVA gained 1.84% to 1,335.14, marking a third record in four sessions and year-to-date advances of 4.81% and 4.92%, respectively.
- Mining heavyweights Grupo México and Industrias Peñoles led gains, with momentum extending to industrials, construction and banks; Banorte climbed 5.18%, Arca Continental 4.22% and Grupo México 3.99%, while OMA and GAP slipped.
- The World Federation of Exchanges reported the BMV’s market value increased by $147.6 billion in 2025 to $565.2 billion, a 35.34% rise that followed a 13.77% peso appreciation and placed Mexico behind only Brazil in the region.
- U.S. stocks opened lower after bank earnings, with Wells Fargo posting $21.29 billion in quarterly revenue and falling about 5%, while Bank of America reported $28.53 billion and its shares declined more than 4%.
- Oil prices edged higher as tensions involving Iran lifted risk premiums and OPEC+ data showed Russian output fell roughly 0.7% in 2025, factors that shaped broader market sentiment.