Home Mexico Mexico Stocks to Gain Further in 2024 on Faster Economic Growth: Reuters Poll

Mexico Stocks to Gain Further in 2024 on Faster Economic Growth: Reuters Poll

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Mexico Stocks to Gain Further in 2024 on Faster Economic Growth: Reuters Poll

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By Gabriel Burin and Ana Isabel Martinez

BUENOS AIRES/MEXICO CITY (Reuters) – Mexican stocks will likely gain further in 2024, propelled by faster economic growth, but local markets may go through some volatility in the months before a presidential election in June, a Reuters poll found.

Overall, Mexico’s equities should continue getting support from the spillover of “nearshoring” activity, or the relocation of manufacturing plants in Mexico to benefit from the proximity to the United States.

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