Mexico’s IPC lost 179 points or 0.4% to 45,892 on Friday, as fiscal uncertainty in the US outweighed accelerating domestic vaccination. In the last 24 hours, Mexico vaccinated more than 135 thousand patients after nearly reaching 100 thousand in the previous 24 hours, reducing logistic concerns. During the week, macro data beat forecasts, with private consumption, gross fixed investment and auto production surpassing expectations. During the week, the IPC lost 1.8%, tracking major bourses.
Historically, the IPC Mexico Stock Market reached an all time high of 51772.37 in July of 2017. IPC Mexico Stock Market - data, forecasts, historical chart - was last updated on January of 2021.
The IPC Mexico Stock Market is expected to trade at 45038.92 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 42081.17 in 12 months time.