Mexico's benchmark IPC index extended its losing streak to six consecutive sessions, closing down 0.85% at 66,278 points on Wednesday.
The decline was driven primarily by weakness in the mining sector, which weighed heavily on the broader market despite positive macroeconomic signals elsewhere.
The sell-off in mining stocks came even as recent inflation data pointed toward a potential interest rate cut by the Bank of Mexico on Thursday.
The divergence between the macroeconomic outlook and equity performance suggests investors are pricing in sector-specific risks rather than broad economic concerns.
This local weakness mirrors a broader trend of global equity declines.
US markets, including the S&P 500 and Nasdaq Composite, have posted three consecutive days of losses, with technology stocks bearing the brunt of the selling pressure.