Stock Markets February 26, 2026

Mexican Equities Climb; S&P/BMV IPC Advances 0.35% as Select Consumer and Industrial Names Rise

Industrials, consumer goods & services and consumer staples lead gains while several individual stocks record notable moves; commodities and FX show mixed shifts

By Hana Yamamoto
Mexican Equities Climb; S&P/BMV IPC Advances 0.35% as Select Consumer and Industrial Names Rise

Mexico's benchmark S&P/BMV IPC closed higher, gaining 0.35% as advances in the Industrials, Consumer Goods & Services and Consumer Staples sectors supported the market. Sigma Foods, Arca Continental and Grupo Carso were among the top performers, while Gentera, Becle and Grupo Comercial Chedraui registered the steepest declines. Commodity and currency markets saw modest moves, with gold futures down and crude and Brent oil slightly higher.

Key Points

  • S&P/BMV IPC closed up 0.35%, with Industrials, Consumer Goods & Services and Consumer Staples leading gains.
  • Top performers included Sigma Foods (BMV:SIGMAFA), Arca Continental (BMV:AC) and Grupo Carso (BMV:GCARSOA1); the largest losers were Gentera (BMV:GENTERA), Becle (BMV:CUERVO) and Grupo Comercial Chedraui (BMV:CHDRAUIB).
  • Commodities and FX posted modest moves: April gold futures fell, April crude and May Brent rose slightly, USD/MXN and EUR/MXN ticked higher.

Mexico's equity benchmark finished the session in positive territory, with the S&P/BMV IPC rising 0.35% at the close on Thursday. Sector-level strength came from Industrials, Consumer Goods & Services and Consumer Staples, which collectively pushed the market higher.

At the individual stock level, Sigma Foods SAB de CV (BMV:SIGMAFA) led the winners on the index, adding 2.91% or 0.54 points to finish at 19.10. Arca Continental, S.A.B. De C.V. (BMV:AC) climbed 2.86% or 5.86 points, closing at 210.91, while Grupo Carso, S.A.B. De C.V. (BMV:GCARSOA1) rose 2.08% or 2.66 points to end the session at 130.30.

On the downside, Gentera SAB de CV (BMV:GENTERA) led declines, dropping 4.54% or 2.39 points to 50.25 at the close. Becle SA (BMV:CUERVO) slipped 3.46% or 0.64 points to 17.86, and Grupo Comercial Chedraui, SAB De CV (BMV:CHDRAUIB) fell 1.59% or 1.78 points to 110.06.

Breadth on the Mexico Stock Exchange was mixed but tilted toward advancers: 120 stocks rose versus 107 that fell, and 15 ended unchanged.

Two notable intraday milestones were recorded: shares of Sigma Foods (BMV:SIGMAFA) reached a five-year high, gaining 2.91% to close at 19.10, while Grupo Comercial Chedraui (BMV:CHDRAUIB) moved to a 52-week low, losing 1.59% to finish at 110.06.


Commodities and foreign exchange markets also registered modest moves during the session. Gold Futures for April delivery declined 0.40% or 21.01 to $5,205.19 a troy ounce. In energy markets, crude oil for April delivery rose 0.12% or 0.08 to $65.50 a barrel, and the May Brent oil contract increased 0.52% or 0.37 to trade at $71.06 a barrel.

Currency pairs involving the peso showed small gains against major currencies. USD/MXN was up 0.20% at 17.19, while EUR/MXN rose 0.12% to 20.29. The US Dollar Index Futures was up 0.08% at 97.70.


This session's market action featured sector-led advances alongside select, stock-specific declines. The Industrials, Consumer Goods & Services and Consumer Staples groups were notable contributors to the benchmark's modest ascent, while individual declines were concentrated in specific names cited above.

Risks

  • Individual-stock volatility - Select index constituents experienced sizeable declines (for example, Gentera and Becle), highlighting stock-specific downside risk within the market.
  • Commodity-price shifts - Moves in gold and oil prices could influence sectors such as Consumer Staples and Industrials given input cost sensitivity.
  • Currency fluctuations - Small but observable changes in USD/MXN and EUR/MXN may affect earnings and import/export dynamics for Mexican-listed companies.

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