Fomento Económico Mexicano, S.A.B. de C.V. (FMX) fell 6.94 percent to $91.76 on Monday after reporting a steep decline in second-quarter earnings. Total revenue rose 6.3 percent to $11.8 billion from $11.1 billion a year earlier, but net income dropped 64.3 percent to $312 million from $874 million in the prior-year quarter.
The stock opened at $94.50 and traded between $91.00 and $95.72. Volume reached 1.25 million shares, well above the average of 571,000. FMX now trades near the lower end of its 52-week range of $81.08 to $114.33.
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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.