🔴 Trading--Inverse Equity ETF (SOXS.MX) is trading 8.2% down as semiconductor index rallies

SOXS.MX is trading at MXN 736.00, down -8.23%, as its underlying semiconductor exposure continues to rally.

• The PHLX Semiconductor Index gained 3.37% on September 4, with all 30 constituents advancing.
• Memory, AI-chip, and equipment shares led the sector rebound, pressuring this inverse ETF.
• Higher oil prices and elevated rate expectations on September 8 are secondary risk factors.