Mexico Fund Inc. shares rise 1.29% intraday after Bank of Mexico cuts economic growth forecasts.

Mexico Fund Inc. rose 1.29% intraday, with the Bank of Mexico lowering its economic growth estimates for this year and next, citing uncertainty about the impact of U.S. import tariffs and weakness in domestic consumption and investment. The central bank expects Mexico's GDP to grow 0.1% this year, down from its previous estimate of 0.6%. The forecast ranges from a contraction of 0.5% to an expansion of 0.7%. For 2026, the bank cut its growth forecast to 0.9% from 1.8% previously. The Mexican economy took a downturn in the fourth quarter.