Mexican Stock Exchange Advances 2.71% as Bitcoin, Peso, Gold, and Mexican Crude Oil Prices Fluctuate

The Mexican financial markets showed mixed performance in early May 2025. Bitcoin experienced a decline of 1.61% on May 5, reaching a price of $94,184.4 per unit, but rebounded slightly by 0.53% to $94,750.7 on May 7. The Mexican Stock Exchange (Bolsa Mexicana de Valores, BMV) and the FTSE BIVA index advanced on May 6, with Industrias Peñoles emerging as the top performer. Despite global market losses, the BMV's main index surged by 2.71% on May 6. The Mexican peso fluctuated against the U.S. dollar, depreciating by 0.36% on May 6 but gaining ground by May 7, with interbank dollar sales at 19.65 pesos and Citibanamex window rates at 20.16 pesos. The euro was trading at 22.37 pesos on May 6. Oil prices showed volatility; the Mexican crude oil blend was priced at $54.68 per barrel, with WTI and Brent crude prices declining on May 5 but showing some recovery on May 7. Gold prices increased by 3.41%, reaching $3,435.72 per ounce on May 7. These movements reflect a dynamic environment influenced by commercial concerns and global market trends.