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Wednesday, November 24, 2021

Mexico's Stock Market Is Caught in a Vicious Cycle - Bloomberg

unitedstatepolitics.blogspot.com

Mexico’s stock market is caught in a downward spiral that no one knows how to stop. 

Local markets now trade more in foreign equities than domestic companies, while the number of stocks with $10 million of daily trading volume -- an informal threshold for international funds -- has fallen by almost half since the end of 2018. That followed a two-decade decline during which Mexico’s weighting in the benchmark stock index for developing nations withered as it was pushed aside by China and other more dynamic markets. 

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Mexico's Stock Market Is Caught in a Vicious Cycle - Bloomberg
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