LatinNews Regional Monitor: Mexico - 20 May 2020

*The Mexican stock market (BMV) has fallen by 3.37% amid concerns that the new electricity market regulations recently presented by the government led by President Andrés Manuel López Obrador will undermine investor sentiment in the country. The new regulations restrict the participation of private firms in Mexico’s electricity market, prompting investors to divest from energy firms that operate in Mexico and float on the BMV. This action was identified as the main reason for the fall in the overall BMV index yesterday by some market analysts. Luis Alvarado, an analyst at Banco Base, commented that the new restrictive regulations increase the perceptions that investing in Mexico is “risky”.

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