Coca-Cola FEMSA (KOF) shares jumped in early trading after the company reported robust second-quarter financial results.
The world's largest Coca-Cola bottler posted a 4.7% increase in revenue to 76.3 billion pesos, while net income rose by 16.9% year-over-year.
The strong performance underscores the resilience of the beverage giant's operations in Latin America, particularly in its home market of Mexico.
The positive earnings print provided a fresh catalyst for Mexican equities, which had already closed higher on Monday.
Broader risk appetite in emerging markets has been buoyed by reports of a ceasefire between the United States and Iran, reducing geopolitical uncertainty and providing a tailwind for regional stocks.
Coca-Cola FEMSA's results add fundamental strength to this sentiment-driven rally.