Key Facts

The S&P/BMV IPC, Mexico’s main stock index, fell 1.54% to 66,266 points, dragged lower by a global risk-off mood that hit Wall Street overnight.

The peso weakened 0.75% to 17.52 per dollar, giving back recent gains as traders reduced bets on emerging-market currencies.

Airport operators led the decline with Grupo Aeroportuario del Centro Norte (OMA) tumbling 4.5% on heavy profit-taking after a strong run.

Retail giant Walmex dropped 2.7% and lender Banorte slipped 1.4%, as $40m and $32m in turnover respectively signalled broad institutional selling.