Gruma Second Quarter Profit Falls 12% on US Weakness
Gruma second quarter profit fell about 12% as weaker US demand at Mission Foods hit volumes, even as net sales...
July 23, 2026Section
Mexico Markets
Daily coverage of Mexico’s financial markets – the S&P/BMV IPC index, the peso (MXN), Banxico’s interest-rate path and the heavyweight issuers that steer the Bolsa Mexicana de Valores, from America Movil and FEMSA to Grupo Mexico and Cemex. The Rio Times follows every BMV session, peso swings against the dollar, inflation data and the trade and nearshoring headlines shaping Latin America’s second-largest economy. This hub gathers our Mexico stock-market reports and market analysis in clear English for investors and expats. Check back for the latest IPC close, peso exchange-rate moves and corporate news from Mexico City.
Mexican chemical firm Orbia swings to $15M profit in Q2
Orbia second quarter swung to a US$15 million net profit from a US$126 million loss a year earlier, with EBITDA...
July 23, 2026
Mexico Markets: IPC & the Peso — July 23, 2026
The S&P/BMV IPC advanced 0.88% on Wednesday, driven by Banorte and cooling mid-month inflation, while the peso held firm against...
July 23, 2026
Mexico Markets: IPC & the Peso — July 22, 2026
Mexico's S&P/BMV IPC climbed 0.89%, driven by Banorte and Grupo México, while the peso held firm. A calm session ahead...
July 22, 2026
Mexican Giant Grupo Bimbo Nears Spanish Waffle Maker Buyout
Grupo Bimbo is in advanced talks to acquire Spain’s Punto Gofre, maker of Mercadona’s Hacendado waffles, with a deal expected...
July 21, 2026
Alsea Profit Plunge Exposes Weak Mexican Consumer
Alsea’s Q2 net profit crashed 53% to MXN 531.5M as weak Mexican household spending dragged down Starbucks same-store sales by...
July 21, 2026
Mexico Markets: IPC & the Peso — July 21, 2026
Mexico's S&P/BMV IPC index fell 0.77% to 66,123 while the peso strengthened. Cemex dropped over 4% amid global risk aversion....
July 21, 2026
Mexican Airport Operator GAP Bond Raises US$615M for CBX Stake
Mexican airport operator GAP issued a GAP bond totaling MX$10.7 billion (US$615 million) in two tranches to fund a CBX...
July 20, 2026
Grupo Elektra’s $1.7 Billion Tax Debt Payments Advance
Grupo Elektra is actively paying a 32.13 billion peso (US$1.7 billion) tax debt to Mexico's SAT through a scheduled plan...
July 20, 2026