IBOV 178,366 ▲ 0.72% IPSA 10,482 ▲ 0.82% IPC MEX 69,207 ▼ 1.40% MERVAL 2,747,310 ▲ 0.33% COLCAP 2,118 ▼ 0.22% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 4.99 ▼ 0.69% USD/MXN 17.34 ▲ 1.00% USD/CLP 895.93 ▲ 1.05% USD/COP 3,779 ▼ 0.35% USD/PEN 3.43 ▲ 0.02% USD/ARS 1,392 ▼ 0.04% USD/UYU 40.04 ▲ 2.10% USD/PYG 6,066 ▲ 1.03% USD/BOB 6.85 ▲ 1.64% USD/DOP 59.55 ▲ 0.93% USD/CRC 451.48 ▲ 1.85% USD/GTQ 7.63 ▲ 2.24% USD/HNL 26.59 ▲ 0.31% USD/NIO 36.62 ▲ 0.31% USD/VES 513.89 ▲ 2.03% USD/PAB 1.00 ▲ 2.18% USD/BZD 2.00 ▲ 1.61% USD/JMD 157.09 ▲ 0.30% USD/TTD 6.73 ▲ 1.13% EUR/BRL 5.81 ▼ 1.26% BRENT 108.51 ▲ 2.64% WTI 100.03 ▼ 1.13% IRON ORE 161.91 — — COPPER 6.35 ▼ 3.36% GOLD 4,560 ▼ 2.53% SILVER 78.99 ▼ 6.98% SOY 1,188 ▲ 1.11% CORN 466.50 ▲ 3.32% WHEAT 654.50 ▲ 1.16% COFFEE 274.35 ▼ 6.83% SUGAR 14.98 ▼ 0.07% ORANGE JUICE 181.30 ▼ 5.23% COTTON 82.35 ▼ 1.89% COCOA 4,076 ▼ 2.70% BEEF 246.40 ▼ 2.53% CATTLE 358.23 ▼ 2.48% LITHIUM 86.95 ▼ 2.94% PETR4 45.00 ▲ 0.96% VALE3 82.87 ▼ 1.70% ITUB4 40.40 ▲ 1.94% BBDC4 17.84 ▲ 1.08% ABEV3 15.77 ▼ 0.88% BBAS3 20.76 — 0.00% B3SA3 16.93 ▲ 1.74% WEGE3 43.72 ▲ 0.95% PRIO3 67.29 ▲ 2.81% SUZB3 42.62 ▼ 0.88% RENT3 43.94 ▲ 1.88% AZZA3 18.85 ▲ 1.89% CVCB3 1.89 ▼ 11.27% POSI3 3.97 ▼ 6.15% SLCE3 17.34 ▼ 1.59% NATU3 9.79 ▲ 2.94% CSNA3 6.67 ▲ 4.71% GGBR4 23.58 ▲ 0.38% ENEV3 25.95 ▲ 0.58% LREN3 13.72 ▲ 4.41% VIVT3 35.59 ▲ 0.06% RAIL3 15.27 ▼ 0.13% KLABIN 16.86 ▲ 0.30% RAIA DROGASIL 19.64 ▲ 0.77% WALMEX 54.53 ▼ 1.80% GMEXICO 211.52 ▼ 1.71% FEMSA 210.41 ▼ 0.52% CEMEX 22.66 ▼ 0.31% GFNORTE 185.87 ▼ 3.65% BIMBO 59.03 ▲ 1.18% TELEVISA 9.80 ▼ 0.51% AMX 23.39 ▲ 0.13% GAP 419.23 ▼ 0.06% ASUR 517.82 ▼ 1.09% OMA 224.53 ▼ 1.30% KOF 181.08 ▼ 0.32% GRUMA 297.86 ▼ 0.09% KIMBER 38.49 ▼ 0.70% SQM-B 78,199 ▼ 3.86% COPEC 6,150 ▲ 0.11% BSANTANDER 69.10 ▲ 2.39% FALABELLA 5,442 ▲ 1.14% ENELAM 78.10 ▼ 1.74% CENCOSUD 2,125 ▲ 2.01% CMPC 1,065 ▼ 3.18% BANCO CHILE 163.49 ▲ 4.91% LATAM AIR 22.10 ▲ 4.25% YPF 65,300 ▲ 1.20% GGAL 6,185 ▼ 0.16% PAMPA 4,733 — 0.00% TXAR 612.00 ▼ 2.16% ALUAR 944.50 ▼ 0.05% TGS 8,805 ▲ 0.57% CEPU 2,116 ▲ 0.47% MIRGOR 17,800 ▼ 0.28% COME 43.17 ▲ 0.19% LOMA NEGRA 3,163 ▲ 1.52% BYMA 280.00 ▼ 2.69% TELECOM ARG 3,660 ▲ 4.05% ECOPETROL 13.22 ▲ 2.72% BANCOLOMBIA 64.34 ▲ 1.16% GRUPO AVAL 4.23 ▲ 0.24% CREDICORP 327.69 ▲ 3.15% SOUTHERN COPPER 188.50 ▼ 1.77% BUENAVENTURA 37.15 ▼ 3.43% MERCADOLIBRE 1,607 ▲ 2.90% NUBANK 12.93 ▲ 0.86% XP 17.60 ▲ 1.79% PAGSEGURO 9.01 ▲ 4.40% STONE 9.70 ▲ 0.10% GLOBANT 34.08 ▲ 4.06% TECNOGLASS 41.03 ▲ 6.46% GAP AIRPORT 243.69 ▼ 0.49% ASUR 301.14 ▼ 1.33% OMA AIRPORT 104.48 ▼ 1.30% AMX ADR 27.09 ▼ 0.11% FEMSA ADR 122.24 ▼ 0.65% CEMEX ADR 13.16 ▼ 0.68% PETROBRAS ADR 19.78 ▲ 0.97% VALE ADR 16.58 ▼ 1.54% ITAU ADR 8.10 ▲ 3.18% SANTANDER BR 5.45 ▲ 0.74% AMBEV ADR 3.15 — 0.00% CSN 1.35 ▲ 5.47% GERDAU 4.71 ▲ 0.64% LATAM ADR 49.27 ▲ 3.23% BTC 80,520 ▼ 0.65% ETH 2,254 ▼ 1.16% SELIC 14.50% IBOV 178,366 ▲ 0.72% IPSA 10,482 ▲ 0.82% IPC MEX 69,207 ▼ 1.40% MERVAL 2,747,310 ▲ 0.33% COLCAP 2,118 ▼ 0.22% BVL PERÚ 19,767 ▲ 0.37% USD/BRL 4.99 ▼ 0.69% USD/MXN 17.34 ▲ 1.00% USD/CLP 895.93 ▲ 1.05% USD/COP 3,779 ▼ 0.35% USD/PEN 3.43 ▲ 0.02% USD/ARS 1,392 ▼ 0.04% USD/UYU 40.04 ▲ 2.10% USD/PYG 6,066 ▲ 1.03% USD/BOB 6.85 ▲ 1.64% USD/DOP 59.55 ▲ 0.93% USD/CRC 451.48 ▲ 1.85% USD/GTQ 7.63 ▲ 2.24% USD/HNL 26.59 ▲ 0.31% USD/NIO 36.62 ▲ 0.31% USD/VES 513.89 ▲ 2.03% USD/PAB 1.00 ▲ 2.18% USD/BZD 2.00 ▲ 1.61% USD/JMD 157.09 ▲ 0.30% USD/TTD 6.73 ▲ 1.13% EUR/BRL 5.81 ▼ 1.26% BRENT 108.51 ▲ 2.64% WTI 100.03 ▼ 1.13% IRON ORE 161.91 — — COPPER 6.35 ▼ 3.36% GOLD 4,560 ▼ 2.53% SILVER 78.99 ▼ 6.98% SOY 1,188 ▲ 1.11% CORN 466.50 ▲ 3.32% WHEAT 654.50 ▲ 1.16% COFFEE 274.35 ▼ 6.83% SUGAR 14.98 ▼ 0.07% ORANGE JUICE 181.30 ▼ 5.23% COTTON 82.35 ▼ 1.89% COCOA 4,076 ▼ 2.70% BEEF 246.40 ▼ 2.53% CATTLE 358.23 ▼ 2.48% LITHIUM 86.95 ▼ 2.94% PETR4 45.00 ▲ 0.96% VALE3 82.87 ▼ 1.70% ITUB4 40.40 ▲ 1.94% BBDC4 17.84 ▲ 1.08% ABEV3 15.77 ▼ 0.88% BBAS3 20.76 — 0.00% B3SA3 16.93 ▲ 1.74% WEGE3 43.72 ▲ 0.95% PRIO3 67.29 ▲ 2.81% SUZB3 42.62 ▼ 0.88% RENT3 43.94 ▲ 1.88% AZZA3 18.85 ▲ 1.89% CVCB3 1.89 ▼ 11.27% POSI3 3.97 ▼ 6.15% SLCE3 17.34 ▼ 1.59% NATU3 9.79 ▲ 2.94% CSNA3 6.67 ▲ 4.71% GGBR4 23.58 ▲ 0.38% ENEV3 25.95 ▲ 0.58% LREN3 13.72 ▲ 4.41% VIVT3 35.59 ▲ 0.06% RAIL3 15.27 ▼ 0.13% KLABIN 16.86 ▲ 0.30% RAIA DROGASIL 19.64 ▲ 0.77% WALMEX 54.53 ▼ 1.80% GMEXICO 211.52 ▼ 1.71% FEMSA 210.41 ▼ 0.52% CEMEX 22.66 ▼ 0.31% GFNORTE 185.87 ▼ 3.65% BIMBO 59.03 ▲ 1.18% TELEVISA 9.80 ▼ 0.51% AMX 23.39 ▲ 0.13% GAP 419.23 ▼ 0.06% ASUR 517.82 ▼ 1.09% OMA 224.53 ▼ 1.30% KOF 181.08 ▼ 0.32% GRUMA 297.86 ▼ 0.09% KIMBER 38.49 ▼ 0.70% SQM-B 78,199 ▼ 3.86% COPEC 6,150 ▲ 0.11% BSANTANDER 69.10 ▲ 2.39% FALABELLA 5,442 ▲ 1.14% ENELAM 78.10 ▼ 1.74% CENCOSUD 2,125 ▲ 2.01% CMPC 1,065 ▼ 3.18% BANCO CHILE 163.49 ▲ 4.91% LATAM AIR 22.10 ▲ 4.25% YPF 65,300 ▲ 1.20% GGAL 6,185 ▼ 0.16% PAMPA 4,733 — 0.00% TXAR 612.00 ▼ 2.16% ALUAR 944.50 ▼ 0.05% TGS 8,805 ▲ 0.57% CEPU 2,116 ▲ 0.47% MIRGOR 17,800 ▼ 0.28% COME 43.17 ▲ 0.19% LOMA NEGRA 3,163 ▲ 1.52% BYMA 280.00 ▼ 2.69% TELECOM ARG 3,660 ▲ 4.05% ECOPETROL 13.22 ▲ 2.72% BANCOLOMBIA 64.34 ▲ 1.16% GRUPO AVAL 4.23 ▲ 0.24% CREDICORP 327.69 ▲ 3.15% SOUTHERN COPPER 188.50 ▼ 1.77% BUENAVENTURA 37.15 ▼ 3.43% MERCADOLIBRE 1,607 ▲ 2.90% NUBANK 12.93 ▲ 0.86% XP 17.60 ▲ 1.79% PAGSEGURO 9.01 ▲ 4.40% STONE 9.70 ▲ 0.10% GLOBANT 34.08 ▲ 4.06% TECNOGLASS 41.03 ▲ 6.46% GAP AIRPORT 243.69 ▼ 0.49% ASUR 301.14 ▼ 1.33% OMA AIRPORT 104.48 ▼ 1.30% AMX ADR 27.09 ▼ 0.11% FEMSA ADR 122.24 ▼ 0.65% CEMEX ADR 13.16 ▼ 0.68% PETROBRAS ADR 19.78 ▲ 0.97% VALE ADR 16.58 ▼ 1.54% ITAU ADR 8.10 ▲ 3.18% SANTANDER BR 5.45 ▲ 0.74% AMBEV ADR 3.15 — 0.00% CSN 1.35 ▲ 5.47% GERDAU 4.71 ▲ 0.64% LATAM ADR 49.27 ▲ 3.23% BTC 80,520 ▼ 0.65% ETH 2,254 ▼ 1.16% SELIC 14.50%
since 2009
Friday, May 15, 2026

Latin America Mexico

Mexico Stock Market Falls 1.40% Back Below 70,000

By · May 15, 2026 · 4 min read

Live ticker intelligence

Mexico Live Market Board

Live market data
May 15, 07:37

IPC MEX
69,207
-1.40%

USD/MXN
17.34
+1.00%

WALMEX
54.53
-1.80%

GMEXICO
211.52
-1.71%

Instrument Last Change YoY Prev. High Low Volume
IPC MEX 69,207 -1.40% +20.06% 70,187
USD/MXN 17.34 +1.00% -10.54% 17.17 17.40 17.19
WALMEX 54.53 -1.80% -15.95% 55.53 56.80 54.30 15,394,365
GMEXICO 211.52 -1.71% +104.03% 215.21 216.50 208.19 3,631,112
FEMSA 210.41 -0.52% +5.61% 211.52 216.22 208.97 1,689,918
CEMEX 22.66 -0.31% +70.25% 22.73 23.03 22.52 16,007,572
GFNORTE 185.87 -3.65% +8.75% 192.92 196.92 184.69 6,984,965
BIMBO 59.03 +1.18% +2.41% 58.34 59.78 57.72 2,426,500
TELEVISA 9.80 -0.51% +27.77% 9.85 10.09 9.73 2,702,601
AMX 23.39 +0.13% +38.81% 23.36 23.95 23.25 21,098,392
GAP 419.23 -0.06% -1.17% 419.49 431.99 414.29 797,068
ASUR 301.14 -1.33% -13.29% 305.21 307.80 299.02 120,125
OMA 224.53 -1.30% -7.16% 227.48 231.42 222.70 713,069
KOF 181.08 -0.32% +3.39% 181.67 185.48 179.25 611,911
GRUMA 297.86 -0.09% -16.23% 298.12 301.83 295.00 428,733
KIMBER 38.49 -0.70% +9.72% 38.76 38.99 38.23 2,580,862
AMX ADR 27.09 -0.11% +56.41% 27.12 27.80 27.00 1,077,252

Largest live moves in this report universe

GFNORTE
185.87
-3.65%
WALMEX
54.53
-1.80%
GMEXICO
211.52
-1.71%
IPC MEX
69,207
-1.40%
ASUR
301.14
-1.33%
OMA
224.53
-1.30%
BIMBO
59.03
+1.18%
USD/MXN
17.34
+1.00%

Live cross-market prices, session ranges and volume update through the day, giving each report a richer read on the instruments that matter most for the session.

Rio Times Daily Market Brief · Mexico
Friday, May 15, 2026 · Covering Thursday, May 14 Session

Summary

The S&P/BMV IPC fell 1.40% to 69,206.85 on Thursday May 14, 2026 — breaking below 70,000 for the first time in over a week. The intraday high at 70,890 exceeded the prior session’s 70,792 before collapsing to close in the lower third — a bearish exhaustion candle. The 50-DMA at 69,045 and 200-DMA at 69,041 form a clustered support zone just below price.

The Big Three

1.
The S&P/BMV IPC fell 1.40% (−980.60 points) to 69,206.85 — breaking below 70,000 that held all week. Intraday range 68,836.74–70,890.09, close in the lower third. The high at 70,890 exceeded the prior session’s 70,792 before collapsing — a bearish exhaustion candle and a role reversal: the market that defended became the market that gave back.
2.
Momentum rolled over fast. MACD histogram +114.37 fell from +186.80, line +346.86 above signal +232.49 — bullish stack intact but weakening. RSI fast 51.29 down from 57.90, slow 51.47, both at the 50 inflection. The 50-DMA (69,045) and 200-DMA (69,041) form a clustered support 162 points (0.2%) below.
3.
The structural case is intact. Banxico at 6.50% after the May 7 cut delivered cumulative ease, the World Cup is 28 days away, USMCA review July 1 is the institutional anchor, and Q1 earnings (Cemex EBITDA US$794M +34%) were constructive. Thursday looked like late-cycle profit-taking.

S&P/BMV IPC
69,206
−1.40%
RSI Fast
51.29
at 50 line
200-DMA
69,041
0.2% below
From Feb 12 ATH
−4.0%
72,111 peak

03 Key Movers

Winners

Airport operators held firm on the World Cup demand trade. ASUR/B, GAP/B, and OMA attracted bids on the structural tourism setup. Defensive staples — Bimbo (BIMBOA), Femsa (FEMSAUBD) — caught flows. Cemex (CEMEXCPO) retained a relative bid on the record Q1 EBITDA. Breadth was narrow.

Losers

Profit-taking concentrated in the largest weights. Grupo México (GMEXICOB), América Móvil (AMXB), and Walmex — the IPC’s heaviest at MXN 94.87B / 82.95B / 56.38B market cap — gave back the most points. Industrias Peñoles (PE&OLES) led the high-priced names lower. The banking complex (Banorte, Inbursa) softened on US curve steepening.

§04 · Market Commentary

Thursday completed the role reversal that defined the LatAm week. Mexico led the region Monday through Wednesday — the lone gainer Tuesday on US CPI. The intraday high at 70,890 pushed above prior session highs before collapsing 2,053 points to close at 69,206. As Brazil bounced 0.72% and Colombia surged 2.34% on Ecopetrol, capital rotated out of Mexico’s relative-strength names.

The structural Mexico case is unchanged. Banxico at 6.50% delivered cumulative ease that compares favorably with Brazil’s 14.50%. Q1 earnings were constructive: Cemex with record EBITDA US$794M (+34% YoY, margin +3.3pp to 19.8%), BMV Q1 EBITDA MXN 685M (+6%, 56.5% margin). USMCA review July 1 is the institutional anchor. The clustered 69,045/69,041 support decides whether Thursday was rotation or mean reversion.

05 Technical Analysis

S&P BMV IPC daily chart May 15 2026 close 69206 broke 70000 high 70890 exhaustion candle clustered support 69045 50-DMA 69041 200-DMA

S&P/BMV IPC daily, BMV. TradingView · May 15, 2026, 06:14 UTC

The IPC closed at 69,206 — below the 20-DMA (69,475), at the 50-DMA (69,045), just above the 200-DMA (69,041). The candle is a long red bar with a high above prior resistance and a close in the lower third — textbook bearish exhaustion. MACD histogram +114.37 rolled from +186.80; line +346.86 above signal +232.49 keeps the bullish stack intact. RSI fast 51.29 down from 57.90, at the 50 inflection. The clustered 69,045/69,041 zone is now the decisive level.

Resistance: 69,475 (20-DMA) → 70,000 (psychological) → 70,890 (Thu high) → 71,037 (upper BB)
Support: 69,045 (50-DMA) → 69,041 (200-DMA) → 68,836 (Thu low) → 68,275 → 67,835
Invalidation: Daily close below 67,835 200-DMA major support opens 66,963 then 64,606 deep correction.

06 Forward Look

Friday, May 15 · 08:30 ET
US Empire State, retail sales, import prices. Hot follow-through extends curve steepening; cool prints offer the first relief for the IPC bank complex.
Wednesday, June 11 · World Cup
FIFA World Cup kickoff at Estadio Azteca. Now 28 days away. Airport operators, hospitality, and consumer staples should outperform.
Wednesday, July 1 · USMCA review
USMCA review formally begins. The institutional anchor for Mexico’s nearshoring premium. Constructive language extends the re-rating thesis.
Through Q2 · Banxico path
After the May 7 cut to 6.50%, the question is pace. Further easing supports the IPC re-rating; pause re-anchors with USMCA as the swing.

07 Questions & Answers

What is the S&P/BMV IPC and how is it weighted?
The S&P/BMV IPC is the benchmark capitalization-weighted index of the Bolsa Mexicana de Valores, comprising 31 instruments. Largest weights: Grupo México (MXN 94.87B), América Móvil (MXN 82.95B), Walmex (MXN 56.38B). ATH at 72,111.41 set February 12, 2026.
What are the key catalysts for Mexican stocks in 2026?
Four pillars: Banxico easing (6.50% after May 7 cut); USMCA review beginning July 1 (the nearshoring anchor); FIFA World Cup arriving June 11 at Estadio Azteca; and the just-completed Q1 cycle (Cemex record EBITDA US$794M, BMV EBITDA MXN 685M).
How does Mexico compare to other Latin American markets right now?
Mexico was the worst LatAm performer Thursday at −1.40% after leading the region all week. Colombia rebounded 2.34% on Ecopetrol, Brazil bounced 0.72% on Q1. The role reversal: the market that defended Tuesday and Wednesday became the marginal seller Thursday as capital rotated into oversold names.

Verdict

The IPC enters Friday at 69,206 with the 50-DMA (69,045) and 200-DMA (69,041) forming a clustered support zone 162 points below. The bearish exhaustion candle is real, but momentum (MACD stack still intact) and structural setup (Banxico at 6.50%, World Cup, USMCA) remain supportive. A bounce confirms Thursday was rotation; a clean break opens 67,835 and a deeper correction.

Related: Mexico defends 70K Wednesday · Colombia bounce · Brazil Q1 dispersion.

Scenario range: 67,835 (200-DMA major support) — 70,890 (Thursday rejection high). The clustered 69,045/69,041 zone is the decisive test.

Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Emerging-market equity markets carry political and currency risk. Always consult a licensed financial advisor. Published by The Rio Times.

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