Overview
The S&P/BMV IPC is the primary benchmark index of the Mexican Stock Exchange, representing the largest and most liquid companies listed in Mexico.
Sector Composition
Consumer Staples28.5%
Materials22.1%
Financials18.4%
Communication Services15.2%
Industrials9.8%
Key Components
America MovilWalmart de MexicoFomento Economico Mexicano (FEMSA)Grupo MexicoBanorteGrupo Bimbo
Highest Correlations
S&P 500r = 0.72
MSCI Emerging Marketsr = 0.68
Bovespa Indexr = 0.55
What Drives It
The index is primarily driven by U.S. economic performance, Mexican interest rate policies, commodity prices (specifically copper), and the peso-to-dollar exchange rate.