$AMX

Jefferies identified top Latin American stocks: Assai (Buy, R$12.0 PT), YDUQS (Buy, potential Afya merger), and Aeroméxico (Hold, $100M annual buyback plan). Assai shows resilience, YDUQS may gain from merger, and Aeroméxico signals confidence with buybacks.

Mexico's S&P/BMV IPC rose 0.06% to 65,770.85, while the peso fell 0.23% to 16.9647 per USD after inflation data showed annual price growth accelerated to 3.26%. Consumer stocks led gains, while mining and airport stocks declined. The index is up 12.17% year-over-year but 7.7% below its 52-week high.

Analyst actions: DA Davidson upgraded Duolingo (DUOL) to Buy, PT $160 (from $130). Citi upgraded Bath & Body Works (BBWI) to Buy, PT $25. KeyBanc upgraded Acadia Realty Trust (AKR) to Overweight, PT $25. Mizuho downgraded Norwegian Cruise Line (NCLH) to Neutral, PT $17 (from $22). Multiple other upgrades/downgrades and initiations were issued across retail, real estate, telecom, and healthcare.

Mexico’s S&P/BMV IPC fell 0.39% to 64,574 on Aug. 15, pressured by Grupo México, Peñoles and Banorte, while Femsa rose 1.3% and led large caps. The peso ended near 17.017 per USD, supported by a softer US producer-inflation report that weakened the dollar. Investors noted currency strength not translating into broad equity buying.

Mexico’s S&P/BMV IPC fell 0.75% to 66,439 on Monday as sell-offs in retail and infrastructure outpaced modest telecom gains. Walmex dropped 2.9% and GAP fell 3.2%, while America Movil rose 0.3%. The peso was little changed at 17.14 per USD ahead of Wednesday’s US CPI and Banxico’s inflation caution.

Mexico’s S&P/BMV IPC fell 0.47% to 66,537 points, pressured by declines in Walmex (-3.2%), América Móvil (-3.5%) and Femsa (-1.8%), according to the market report. The peso strengthened, with USD/MXN down 0.19% to 17.23. Peñoles rose 5.4% as gold jumped 5.03% to about $4,278/oz.

Mexico’s S&P/BMV IPC fell 0.36% to 66,697 on Aug. 4, 2026, while the peso was nearly flat at 17.34 per USD. The decline was attributed to profit-taking in index heavyweights, with América Móvil down about 1.8% and Walmex down about 1.1%, offset by gains in industrials like Grupo México and Cemex. Investors awaited later-week Mexico fixed-investment data.

Key Facts The S&P/BMV IPC, Mexico’s benchmark stock index, climbed 1.28% to close at 67,327 points its strongest single-session gain in a week as buyers returned after a cautious start to the week. The Mexican peso strengthened against the US dollar, with the exchange rate falling 0.54% to 17.34 pesos per greenback as a softer-than-expected US employment cost index eased fears of aggressive Federal Reserve tightening.

Haywood Securities cut its 2026 gold forecast to $4,345/oz from $4,906 and 2027 to $4,000 from $5,000, and lowered 2026 silver to $67.11/oz from $73.40 after a weaker Q2. It remains constructive on gold equities, citing valuation and M&A. It named Equinox Gold (EQX) top pick and raised First Mining (FF) to $1.75 after Springpole approval, plus earnings cash-flow estimates for several miners.

Mexico’s S&P/BMV IPC rose 1.20% to close at 67,183 points, holding above 67,000. The peso strengthened 0.19% to 17.45 per US dollar. Femsa gained 4.1% and led turnover and gainers, while Banorte led turnover with $66 million traded. The IPC remains 6.2% below its 52-week high, according to the article.