Mexico Business & Finance News

Puerto Vallarta • Riviera Nayarit 

  News &
Politics
Issues &
Opinions
Business &
Finance
Health &
Evironment
Lifestyle &
Entertainment
Travel &
Outdoors
Science &
Technology

New Record High Set Again By Mexican Stock Market

Pan Kwan Yuk - FastFT
go to original
April 11, 2017
Share





Another week, another new record high set by the Mexican stock market.

The country’s benchmark IPC index hit a fresh intraday high of 49,590.85 on Monday as investors increasingly discount the likelihood that the Trump administration would be able to deliver fully on its protectionist trade policies.

Having sold off heavily in the wake of Mr Trump’s presidential victory, Mexican assets have made a remarkable comeback since the start of the year. The IPC erased its post election losses last month and the index is now up 8.5 per cent for the year to date.

The peso has also staged a similarly powerful rally. The currency has gone from one of last year’s worst performing major emerging market currencies to this year’s best, clocking in a gain of 11 per cent since the start of January.

More conciliatory comments made by Washington last month have fueled bets that Mexico may avoid some of the extreme outcomes that risk impairing its export-focused model and economy.

Read the rest at FT.com

Related: Mexican Automobile Industry Unaffected by Donald Trump’s Policies (PanAm Post)

Related: Frayed U.S.-Mexico Ties Mend as Trump Refrains from Attacks (WSJ.com)


We invite you to add your charity or supporting organizations' news stories and coming events to PVAngels so we can share them with the world. Do it now!

CHARITY ALERT Ecological Group of Costa Verde Still Needs Turtle Program Volunteers

A real need: We are very short of several volunteers from August 11th through September 21st; if you can lend a hand please let us know.

We have about 38 weeks of open rooms available for anyone that may be interested in joining us this summer (couples or individual).

Click here to see how you can help

Meet the Charities

Community Services

Environmental

Animals & Wildlife

Health Care

Youth & Family

Education

Culture & Recreation

Special Interests

How You Can Help

Use Your Powers for Good

Add Your Favorite Charity

Save a Life - Give Blood

 

Partners for Change

Meet the Partners

Become a Partner for Change

Stay Connected

Find PVAngels on Facebook Follow PVAngels on Twitter Sign up PVAngels Newsletter RSS Feeds on PVAngels


Resources

About PVAngels

Add Your Charity

Add Your News & Events

Locate Yourself on Our Maps

Jobs - Join PVAngels Team

About Puerto Vallarta

Puerto Vallarta Local News

Local Event Calendar

Puerto Vallarta Videos

Puerto Vallarta Photos

Historic Puerto Vallarta

Local Area Maps

Important Phone Numbers

Craig's List in Puerto Vallarta

News Around Mexico

Mexico Issues & Opinions

Mexico Business News

Mexico Evironmental News

Lifestyle & Entertainment

Mexico Travel & Outdoors

Science & Technology News

Mexico News & Travel Videos


FAIR USE NOTICE: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance a more in-depth understanding of critical issues facing the world. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 USC Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information click here. If you wish to use copyrighted material from this site for purposes that go beyond 'fair use', you must obtain permission from the copyright owner.

m3 • local actions from global awareness