Mexican stock market opens final July week with a 1.17% surge
Translated from Spanish, summarized and contextualized by DistantNews.
At a glance
- The Mexican Stock Exchange (BMV) started the last week of July with a significant gain of 1.17%, reaching 67,157.91 points.
- This positive performance aligns with gains seen in global stock markets.
- Key companies like Coca-Cola Femsa and Femsa drove the upward trend in the Mexican market.
The Mexican Stock Exchange (BMV) kicked off the final week of July on a strong note, with its main index, the รndice de Precios y Cotizaciones (IPC), surging by 1.17% to close at 67,157.91 points. This upward movement mirrored positive results observed across global stock markets.
Jesรบs Lรณpez Flores, subdirector of Economic Financial Analysis, noted that the capital markets session concluded with gains for major global stock indices. He highlighted that the BMV's IPC showed advances in four of the last five sessions, marking its largest gain since June 25.
Within the Mexican market, significant contributions came from companies such as Coca-Cola Femsa, which saw a 5.73% increase, and Femsa, up by 4.05%. Other notable gainers included Gentera (+3.41%), Banco del Bajรญo (+3.17%), and Sigma (+2.5%).
Enrique Covarrubias, director of Economic Analysis at financial group Actinver, reported that the accumulated yield for 2026 now stands at +4.43%, with a monthly advance of 0.29%. The Mexican peso also strengthened against the dollar, appreciating by 0.21% to trade at 17.45 units per greenback, compared to 17.48 in the previous session, according to closing data from the Bank of Mexico.
In terms of trading volume, 131 million shares were exchanged, valued at 12.446 billion pesos (approximately $713 million). Out of 666 listed firms, 372 closed with price increases, while 279 experienced losses, and 15 remained unchanged. The top performers included Coca Cola Femsa (KOF UBL) at 5.73%, Grupo Hotelero Santa Fe (HOTEL) at 5.35%, and Fomento Mexicano (FEMSA UBD) at 4.05%. Conversely, Grupo Vasconia (VASCONI) saw the largest decline at โ6.15%.
The capital markets closed the session with gains among the main stock indices globally (...) In Mexico, the BMV's IPC closed the session with a gain, showing advances in four of the last five sessions and being the largest gain since June 25.
Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.