Fomento Económico Mexicano (FMX) dipped slightly in early trade Thursday, but settled into a narrow range for the majority of the session. The stock broke out sharply to the upside in the final 45 minutes of the afternoon and closed higher by $6.35 at $44.40 on the highest volume of the year. Fomento Económico Mexicano surged past the upper end of a one-month trading range Thursday and closed at a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.