BMV breaks negative streak and rises

The Mexican Stock Exchange (BMV) and Wall Street are up on June 5, driven by employment data and global trade agreements.

The Mexican Stock Exchange (BMV) and Wall Street experienced a rebound on June 5, 2025, breaking a five-session losing streak for the BMV, driven by new U.S. employment data and progress in trade negotiations between the United States and China.

This Thursday, June 5, 2025, the Mexican Stock Exchange (BMV) and Wall Street posted positive performances, marking a day of recovery for the financial markets. The BMV, in particular, managed to reverse a streak of five consecutive sessions of losses, driven by favorable economic signals from the United States and progress in trade negotiations between Washington and Beijing.

The Mexican Stock Exchange's main index, the S&P/BMV IPC, rose 0.59%, closing at 57,820.84 points. This increase interrupted a negative trend that had begun after reaching historic highs the previous week. Shares of Industrias Peñoles, the world's largest producer of refined silver, led the gains with a notable increase of 4.79%, reaching 443.27 pesos. Grupo México, a major copper producer, followed closely behind, rising 1.79% to 108.04 pesos.

Wall Street also opened the day with gains, reacting to new economic data on US employment and reports of a phone call between the presidents of China and the United States. In early trading, the Dow Jones Industrial Average rose 0.16%, the Nasdaq 0.30%, and the S&P 500 0.26%. Anticipation of key US employment data, due Friday, also contributed to the market's momentum.

Locally, fuel prices in Mexico City remained stable. The average price per liter of regular gasoline was 23.48 pesos, premium gasoline 25.59 pesos, and diesel 25.45 pesos. These prices are a relevant indicator of the cost of living and economic activity in the capital.

The rebound in the Mexican Stock Exchange (BMV), directly attributed to events in the United States, such as the presidential call and the employment data, underscores Mexico's extreme dependence on the US economy and its international relations. This is particularly relevant in the context of nearshoring, where the stability and predictability of trade relations with the United States are crucial. Gains in mining companies may also reflect expectations of global demand, linked to the economic health of the United States and China.

The dynamics of the Mexican Stock Exchange today illustrate how investor confidence in Mexico is intrinsically linked to stability and economic signals from the United States. This means that, beyond domestic economic policies, Mexico's ability to attract and retain significant investment, especially in key sectors such as manufacturing and mining, will be strongly influenced by the geopolitical and macroeconomic environment of its main trading partner. Volatility in relations between the United States and China, for example, has a direct and almost immediate impact on Mexican markets, requiring a business and foreign policy strategy that anticipates and mitigates these risks.