FEMSA

Mexico's S&P/BMV IPC rose 1.17% with Femsa shares surging 4.1%. The peso strengthened to 17.45 per dollar.

Oxxo, Mexico's convenience store giant, operates 24,455 stores in Mexico as of March 2026, with significant expansion since its 1978 founding. The chain has grown to include stores in all 32 Mexican states and international locations like the U.S., Brazil, and Chile.

Mexico's central bank (Banxico) cut its benchmark rate to 6.50% on 7 May 2026, the lowest since April 2022. Colombian opposition candidate De la Espriella secured 49.68% of preliminary votes, prompting attention from Mexican firms like FEMSA, Bimbo, and Cemex with Colombian exposure.

Mexican airport operator GAP reported Q2 2026 revenue of MX$648.73 million, below the forecast of US$735.16 million, with passenger traffic declining 5.6% year over year. Beverage giant FEMSA and GAP both contributed to a downturn in the Mexican stock market (bolsa) following mixed second-quarter results.

Mexico's S&P/BMV IPC increased by 0.85% to 66,529 on July 14, 2026, driven by gains in Femsa and Banorte. The Mexican peso maintained its strength against the US dollar during the same period.

Oxxo, Mexico’s largest convenience chain, is expanding into lending through its parent company FEMSA, which partnered with QED Investors, a global fintech fund. FEMSA retains majority control of the lending business, while Spin, its financial app, operates across 24,000 Oxxo stores with 11 million active users.