Monday, April 29, 2024


Traders pull out of Mexico's biggest stock fund

Thursday, February 4, 2016

As Mexico’s currency continues to slip, traders are removing money from the country’s biggest exchange-traded stock fund, or ETF.

Although the IPC index has inched upward this year, the ETF saw nearly $119 million pulled out in January alone, tracking the peso in a downward spiral.






Source: El Daily Post