Today: 20 March 2026
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BMV:BECLE 28 February 2026

Mexico stocks on Bolsa Mexicana end flat week near highs as Televisa scraps dividend — what’s next

Mexico stocks on Bolsa Mexicana end flat week near highs as Televisa scraps dividend — what’s next

Mexico’s S&P/BMV IPC index closed Friday at 71,405.77, up 0.02% for the day but down 0.04% for the week. Televisa shares fell 7.5% after suspending its 2026 dividend, while Becle dropped up to 5% on weak U.S. demand. Pemex ended 2025 with $85.2 billion in debt and faces $13.4 billion in repayments this year. Mexico’s January manufacturing PMI was 46.3, signaling contraction.

Stock Market Today

  • Dollar Gains on Weak Stocks, Iran Conflict, and Higher Yields
    March 20, 2026, 1:21 PM EDT. The U.S. dollar strengthened by 0.50% amid weak stock markets and geopolitical tensions from the Iran war, boosting demand as a safe haven. Rising Treasury yields widened interest rate differentials supporting the dollar. Federal Reserve Chair Powell's comments reinforced expectations of persistent policy tightening, with only a 12% chance priced for a rate hike at the upcoming FOMC meeting. The euro fell 0.45%, pressured by a hawkish ECB tone amidst dovish German producer prices, while ECB rate hike odds rose to 78%. The yen dropped 0.87%, weighed down by escalating oil prices and higher U.S. yields. Precious metals retreated as the stronger dollar and rising bond yields discouraged demand, amid hawkish global central bank signals triggered by rising energy costs from the Iran conflict.
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