Overview

• The S&P/BMV IPC rose 0.40% to a record 61,798.94, with an intraday peak of 61,941.99, logging a second straight winning week as both IPC and FTSE BIVA gained more than 2%.
• Investors now widely expect the Federal Reserve to begin cutting rates next week, a view reinforced by recent U.S. inflation and jobless-claims data cited by market analysts.
• Analysts attribute the advance primarily to a softer U.S. dollar and anticipated Fed easing, which have strengthened the case for Mexican equities.
• Mexico’s Hacienda projects 2026 GDP growth of 1.8% to 2.8%, a domestic support factor frequently mentioned in recent market commentary.
• Caution remains as analysts warn that rich valuations and potential earnings disappointments could spur profit-taking or a market pullback.