Mexico’s IPC Smashes Through All-Time High at 70,809 as Banxico Pauses Rate Cuts and Peso Holds Near Two-Year Highs

2026-02-09 - 09:25

Mexico Market Report · Morning of February 9, 2026 The Big Three 1 The S&P/BMV IPC surged 4.75% on the week to close at an all-time high of 70,809.57. Mexico’s benchmark index shattered its previous ceiling in a broad-based rally led by Industrias Peñoles (+7.17%), Grupo Bimbo (+6.75%), and Grupo México, extending its 12-month gain