Weekly Mexico Market Monitor

Friday AM, April 28, 2023

Apr 28, 2023

∙ Paid

MARKETS 

The FTSE-BIVA index closed on April 27 at 1,126.54 with very little variation from its April 20 close at 1,125.61. The 11.30% year-to-date increase in the FTSE-BIVA compares favorably to S&P500’s 7.71% increase.  

The MXN/USD exchange rate closed at 18.04 pesos to the dollar on April 27, down slightly from its close of 18.00 pesos on April 20.

The Mexican 10-year bond (2031) closed on Thursday with the yield at 8.82% down from 8.93% on April 13.

The FTSE-BIVA Top Stock Gainers for the week were: GRUMA (+7.06%), VESTA (+5.11%) and GENOMMA LAB (+4.73%) and the Biggest Losers were: ALPEK (-10.30%), NEMAK (-8.78%) and BANCO SANTANDER (-8.33%).

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