Mexican stocks are on fire this year. Here's what's driving the gains

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The Mexico S&P/BMV IPC, the country's domestic stock index, is up 8.9% in 2023, outperforming the S&P 500's 0.6% gain.

Closer supply chains to the U.S. are giving Mexican stocks a big boost to start the year. The Mexico S & P/BMV IPC , the country's domestic stock index, is up 8.9% in 2023, outperforming the S & P 500 's 0.6% gain. The iShares MSCI Mexico ETF , which is made up of Mexican stocks, is performing even better — up 15.2%.

mountain The airport company's U.S.-listed shares' performance this year "The 1st wave of Nearshoring was export led and driven by the pandemic and supply chain challenges; electronics played a key role. The next wave is investment driven, in our view, and led by the auto and capital goods industries," Lipmann wrote in a note recently. Mexico can be a best-of-both-worlds solution for U.S.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

cartels investing (laundering) thier profits?

Cartels have an open border and own Mexico in total?!

OK bullish

Hint no. 1, the elves

lucu....aku mau dipecat mereka....

what drives gains? 🤔hm.. money?

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker