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Mexican Stock Market Faces Significant Decline Amid Economic Concerns

Mexican Stock Market Faces Significant Decline Amid Economic Concerns

The Mexican stock market index, known as the IPC, has experienced a stedecline of 3,584 points, or 6.25%, since the start of 2024. This downturn reflects adverse trading conditions as tracked by a contract for difference (CFD) monitoring this key benchmark.

Projections indicate that the IPC is anticipated to trade at 51,543.99 points by the close of this quarter, based on global macroeconomic models and the insights of market analysts. Over the next year, forecasts suggest a further decline, with the index expected to settle at 50,239.14 points in twelve months.