Economy Country March 03, 2025

Increase in the Mexican Stock Exchange

The S&P/BMV IPC increased by 1.03% and the FTSE-BIVA by 1.22%. The Mexican peso appreciated to 20.43 per dollar. The global market shows mixed movements while awaiting trade tariffs from the U.S. to Mexico and Canada.


Increase in the Mexican Stock Exchange

The main index of the Mexican Stock Exchange (BMV), the S&P/BMV IPC, has increased by 1.03 percent, reaching a level of 52,863.23 points. Meanwhile, the FTSE-BIVA of the Institutional Stock Exchange has experienced a rise of 1.22 percent, standing at 1,069.39 points.

The BMV closed February with a gain of 2.18 percent and has maintained this upward trend during the first two months of the current year. Likewise, the Mexican peso appreciated by 0.56 percent, establishing the exchange rate at 20.43 units per dollar.

In Europe, a positive start to the day is observed in the main stock indexes. The DAX in Germany has risen by 2.77 percent, reaching 23,118.69 points; followed by the CAC 40 of France with an increase of 1.28 percent at 8,215.26 points. The FTSE 100 in London has increased by 0.90 percent, reaching 8,889.05 units, while Spain's IBEX 35 shows a rise of 0.66 percent, approaching 13,411 points.

In the international oil market, losses are seen in marker crude oils. West Texas Intermediate fell by 0.27 percent, standing at 69.57 dollars per barrel, and the benchmark Brent dropped by 0.11 percent, trading at 72.23 dollars per barrel.

In a global scenario of disparate movements in financial markets, investors are attentive to the possible imposition of tariffs by the United States on Mexico and Canada. Notable is the decline of the Nasdaq index by 0.79 percent, followed by the S&P 500 with a decrease of 0.41 percent and the Dow Jones ceding by 0.15 percent.

On Wall Street, stocks fluctuated between gains and losses, with large-cap companies like Nvidia and Microsoft putting pressure on the market as a whole. Despite indicators suggesting oversold levels, uncertainty prevails ahead of the imminent enforcement of tariffs on key U.S. trading partners on March 4.