^MXX - IPC MEXICO

Mexico - Mexico Delayed Price. Currency in MXN
44,241.54
+309.44 (+0.70%)
At close: 3:16PM CST
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Previous Close43,932.08
Open44,024.91
Volume197,346,699
Day's Range43,995.48 - 44,507.40
52 Week Range39,271.56 - 51,121.23
Avg. Volume189,214,930
  • Reuters2 days ago

    EMERGING MARKETS-Latam shares rally on trade optimism

    Latin American stocks rallied sharply on Friday, with Brazil shares hitting yet another record high and Argentine stocks rising more than 2 percent, as equities around the world were cheered by the possibility of the China-U.S. trade conflict ending. The latest boost in sentiment came after a report on Thursday that U.S. Treasury Secretary Steven Mnuchin was considering lifting some or all tariffs imposed on Chinese imports. The Treasury denied Mnuchin had made any such recommendation.

  • Reuters3 days ago

    EMERGING MARKETS-LatAm stocks boosted by Brazil record high; FX weaker

    Most Latin American stocks rose on Thursday, with Brazil shares scaling new heights amid hopes that the new government's promised pension reforms plans may be revealed earlier than expected. The MSCI index ...

  • Reuters4 days ago

    EMERGING MARKETS-Latin American stocks hover near eight-month highs

    Latin American shares hovered near eight-month highs on Wednesday, with Mexican shares touching the highest in a week, in line with a rise in major world stock indexes. The MSCI index of Latin American ...

  • Reuters9 days ago

    EMERGING MARKETS-Latam stocks end week higher; FX buoyed by Fed's cautious stance

    Latin American stocks slid amid profit taking on Wall Street on Friday, but were on pace to log a positive week with Brazil's Bovespa hitting record highs. Currencies in the region fell against a firm ...

  • Reuters10 days ago

    EMERGING MARKETS-Latam FX fall as dollar rises; Bovespa hits 94,000

    Latin American currencies fell against a strong dollar on Thursday after Federal Reserve Chairman Jerome Powell said the central bank intends to further shrink the balance sheet, suggesting it may not ...

  • Reuters12 days ago

    EMERGING MARKETS-Mexico stocks jump on IPO tax cut incentive; Latam FX gains

    Latin American stocks broadly rose on Tuesday, with Mexico's benchmark index hitting a near two-month high on news of expected tax cuts for companies taking the IPO route, as global equities gained on ...

  • Financial Times13 days ago

    [$$] Mexico woos investors with IPO tax rate cut 

    The measures were announced by Carlos Urzúa, finance minister, his deputy Arturo Herrera and central bank governor Alejandro Díaz de León in a bid to boost Mexico’s stubbornly sluggish annual growth rate of just over 2 per cent on average in the last three decades. before taking office with his announcement last year that he would that he would scrap a partially built $13bn new Mexico City airport, after an informal “people’s poll”. Investors fretted further when the ruling party introduced a bill in Congress to slash banking commissions that Mr López Obrador and Mr Urzúa were speedily forced to put on ice.

  • The Market’s Obstacles Are Both Macro and Micro
    Bloomberg17 days ago

    The Market’s Obstacles Are Both Macro and Micro

    Everyone knew China’s economy was slowing, so blaming the Asian nation for a setback was just a convenient excuse to mask a deteriorating business, like when retailers blame the weather for a slump in sales. Apple’s announcement probably would have had only a short-term negative impact on equities, with traders coming around to the idea that Apple’s problems were of its own making if not for a disappointing manufacturing report Thursday morning from the Institute for Supply Management. Its December index of new orders — a key leading indicator of future activity — fell to a level that barely registered as growth.

  • The Market’s Obstacles Are Both Macro and Micro
    Bloomberg17 days ago

    The Market’s Obstacles Are Both Macro and Micro

    Everyone knew China’s economy was slowing, so blaming the Asian nation for a setback was just a convenient excuse to mask a deteriorating business, like when retailers blame the weather for a slump in sales. Apple’s announcement probably would have had only a short-term negative impact on equities, with traders coming around to the idea that Apple’s problems were of its own making if not for a disappointing manufacturing report Thursday morning from the Institute for Supply Management. Its December index of new orders — a key leading indicator of future activity — fell to a level that barely registered as growth.

  • Reuters20 days ago

    Mexico stocks post worst quarter in 17 years, government weighs

    Mexico's main stock index closed out its worst quarter in over 17 years on Monday, dragged down by doubts about how the new leftist government will manage the economy as well as concerns over global growth and trade. The S&P/BMV IPC stock index lost 15.89 percent in the fourth quarter, its steepest drop for a three-month period since the third quarter of 2001, when the Sept. 11 terrorist attacks hit the United States. Before taking office earlier this month, President Andres Manuel Lopez Obrador rattled financial markets when on Oct. 29 he said he would scrap a partly built $13 billion new Mexico City airport on the basis of a straw poll that was widely criticized.

  • CNBC20 days ago

    UPDATE 1-Mexico stocks post worst quarter in 17 years, government weighs

    Mexico's main stock index closed out its worst quarter in over 17 years on Monday, dragged down by doubts about how the new leftist government will manage the economy as well as concerns over global growth and trade. The S&P/BMV IPC stock index lost 15.89 percent in the fourth quarter, its steepest drop for a three-month period since the third quarter of 2001, when the Sept. 11 terrorist attacks hit the United States. Before taking office earlier this month, President Andres Manuel Lopez Obrador rattled financial markets when on Oct. 29 he said he would scrap a partly built $13 billion new Mexico City airport on the basis of a straw poll that was widely criticized.

  • Reuters20 days ago

    Mexican stocks on track for worst quarter in 17 years

    The Mexican stock exchange was on track on Monday to post its worst quarter in over 17 years, dragged down by doubts about how the new leftist government will manage the economy as well as concerns over global growth and trade. Mexico's S&P/BMV IPC stock index has declined over 16 percent in the present quarter, its steepest drop for a three-month period since the third quarter of 2001, when the Sept. 11 terrorist attacks hit the United States. Before taking office this month, President Andres Manuel Lopez Obrador rattled financial markets when on Oct. 29 he said he would scrap a part-built $13 billion new Mexico City airport on the basis of a straw poll that was widely criticized.

  • Reuters23 days ago

    EMERGING MARKETS-Latam currencies mixed; Brazil stocks end 2018 on high note

    Latin American currencies were mixed against the dollar on Friday but were on track to post weekly gains as regional stocks rose in line with emerging markets worldwide, and indexes such as Brazil's Bovespa ...

  • Reuters24 days ago

    EMERGING MARKETS-Latam currencies gain against weak dollar; stocks mixed

    (Updates prices) * Mexico's peso at seven-week high * Argentina's MerVal index climbs more than 3 pct * Mexican IPC index falls * Chile's peso hits lowest level in nearly three years Dec 27 (Reuters) - Latin American currencies rose, taking advantage of a weak dollar on Thursday, while stock indexes in the region were mixed as global equities lost steam after a fall in Chinese industrial profits and U.S. consumer confidence weighed on global growth concerns. Mexico's peso hit a seven week high, pushing MSCI's index for Latin American currencies higher as the U.S. dollar gave up most of the previous session's gains with investors turning to the Japanese yen and Swiss franc for safety.

  • Reuterslast month

    EMERGING MARKETS-Latam FX slides vs resurgent dollar, stocks dip

    Latin American currencies eased on Friday against a resurgent dollar, as weak risk sentiment took its toll on the region, while Latin American stocks joined a decline in global equities. Market participants ...

  • Reuterslast month

    EMERGING MARKETS-Latam currencies fall as dollar recovers; Brazil stocks rise

    Latin American currencies fell on Friday as the dollar recovered from one-month lows, while stocks in Brazil rose, led by gains in the consumer and materials sector, despite risk appetite for equities dimming globally. Mexico's peso fell 0.4 percent, a day after its central bank hiked its benchmark interest rate by 25 basis points citing inflationary pressure. The currency was however, still on track to post a fourth-straight week of gains with markets reacting positively to the new leftist government's budget earlier this week.

  • Reuterslast month

    EMERGING MARKETS-Latam FX gains against soft dollar, stocks mostly slip

    (Recasts, updates prices, adds market strategists' quotes) By Aaron Saldanha Dec 20 (Reuters) - Latin American currencies rose on Thursday to take advantage of a weak dollar, with Mexico's peso among the top gainers, while regional stocks failed to match their currency peers' display of strength and followed global bourses' continued slide. Mexico's central bank hiked borrowing costs by 25 basis points to 8.25 percent, their highest in more than a decade. "An increased focus on wages and inflation expectations keeps the risk bias tilted towards a February hike, despite the increased policy flexibility afforded by a less hawkish Fed," wrote Sacha Tihanyi, TD Securities' deputy head of emerging markets strategy, in a note.

  • When the Dollar Talks, the Fed Should Listen
    Bloomberglast month

    When the Dollar Talks, the Fed Should Listen

    The Bloomberg Dollar Spot Index, which measures the currency against a basket of its main peers, tumbled as much as 0.84 percent Thursday in its biggest decline in seven weeks. As one of the ultimate havens in global markets, the dollar should be benefiting from the current turmoil in risky assets and rising concern about a global economic slowdown. “When a central bank is more hawkish than expected and its currency drops, you are witnessing the collective wisdom of the global market.” In another blow to the dollar, the Bloomberg Consumer Comfort Index’s monthly expectations gauge fell to a one-year low in December as more respondents said the economy is getting worse.

  • Reuterslast month

    EMERGING MARKETS-Latam FX, stocks record minor gains, Fed tarnishes sentiment

    Latin American stocks and currencies rose on Wednesday, but gains narrowed after the U.S. Federal Reserve disappointed investors when it issued a more aggressive outlook for rate hikes in 2019 than many ...

  • Reuterslast month

    EMERGING MARKETS-Latam currencies firm on trade hopes, Brazil stocks jump

    The greenback weakened amid speculation that the U.S. Federal Reserve would pause its rate increases sooner than previously thought, helping MSCI's index for Latin American currencies gain 0.7 percent. "Falling oil prices, the U.S. and China hitting a pause on further trade escalation, and the Fed hinting at a possible slowing in the pace of rate hikes in 2019 are potentially good news for emerging markets (excluding oil exporters)," Goldman Sachs analysts wrote in a client note. Beijing and Washington discussed a road map for the next stage of their trade talks, during a telephone call between Vice Premier Liu He and U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer.

  • Reuterslast month

    EMERGING MARKETS-LatAm FX rises vs dollar, stocks drag on Wall Street tumble

    Most Latin American currencies firmed on Friday as the dollar weakened, while stock markets tracked Wall Street's move lower on a spike in U.S.-China trade tensions. Disappointing jobs data from the United ...

  • Reuters2 months ago

    EMERGING MARKETS-Most LatAm currencies weaken, U.S. yields in focus

    A soft dollar did little to support Latin American currencies in early trade on Wednesday as a flattening of part of the U.S. Treasury yield curve fed investor worries about slackening global growth, with ...