Dossier
Mexican Stock Exchange
Coverage of Mexican Stock Exchange in the Nexus archive.
- Pemex net profit plunges 70% in Q2 despite debt reduction
Pemex's net profit fell 69.7% annually to 18.02 billion pesos in Q2 2026 due to higher financial costs, taxes, and a stronger peso. Despite the decline, the company reported increased hydrocarbon production, higher refining output, and a 9.1% reduction in debt to $77.5 billion, calling the results 'favorable.'
- Peso nears its best rate of 2026 as US-Iran tensions ease
The Mexican peso strengthened to 17.20 per US dollar as tensions between the US and Iran eased following President Trump's comments. The peso's rebound coincided with a 3.33% rise in the Mexican Stock Exchange (BMV) and improved risk appetite due to progress in Middle East negotiations and expectations of US Federal Reserve rate cuts.