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WFE Confirms 35% Market-Cap Rebound for Mexico’s Bourse in 2025 as Miners Nudge IPC Higher

Analysts cite nearshoring, a stronger peso, renewed IPOs, higher Afore equity, alongside a 7% policy rate as the main drivers.

Overview

  • The Bolsa Mexicana de Valores’ market value rose 35.34% in 2025 to $565.168 billion from $417.606 billion, a $147.562 billion gain that reversed a 2024 contraction, according to the World Federation of Exchanges.
  • The BMV ranked second in Latin America for market-value gains last year, trailing only Brazil’s Bovespa, per WFE data.
  • On Jan. 14, the IPC opened up 0.08% at 66,387.52, led by mining stocks including Grupo México up 0.85% to 191.02 pesos and Peñoles up 0.53% to 1,068.29 pesos.
  • Wall Street opened lower after quarterly updates from major banks, with Wells Fargo reporting $21.29 billion in revenue below estimates and Bank of America posting $28.53 billion above forecasts as both stocks fell.
  • Oil prices advanced on rising tensions involving Iran and OPEC+ data indicating Russian output slipped about 0.7% in 2025, moves that are influencing commodity-linked Mexican equities.