Mexico's Stock Market Bounces 1.1% Inside Its Range

Wednesday, June 3, 2026 · Covering Tuesday June 2 session

Summary

Mexico stock market report: the IPC rose 1.11% to 68,890.33 on Tuesday June 2, a bounce off the session low that lifted the index back into the tight moving-average cluster it has traded inside for months. The move recovered Monday’s dip rather than breaking the range, with no fresh domestic catalyst behind it and the RSI parked at 50.52, dead on the midline. The peso held firm near 17.30 per dollar on the nearshoring and carry story that anchors it. With Banxico’s easing cycle finished, the market is waiting on the June 11 World Cup kickoff and the July 1 USMCA review.

The Big Three

The IPC closed at 68,890.33, up 753 points or 1.11%, after running from a 68,120 low to a 69,214 high and settling back at the moving-average cluster. The candle is a bounce inside the range, not an escape from it, recovering the prior session’s dip without clearing the band that has capped the index all year.