Fomento Economico Mexicano (FMX) moved in a narrow range until noon Wednesday, but climbed steadily to the upside for the remainder of the session. The stock ended the day higher by 4.08 at $73.00, with volume at a 4-month high.
Fomento Economico Mexicano surged past the upper end of a 3 1/2 week trading range Wednesday and set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.