The Bolsa index rose 272.40, or 1.1 percent, to 25,705.04.

Builders´ shares rose in reaction to Calderón´s statement last week that he expects home construction to increase with the help of private and government subsidized mortgages that will exceed earlier government estimates, said construction industry analyst Gonzalo Fernández, of Santander Investments in Mexico City.

"It´s one of the sectors that seems most clearly set to gain in the coming year," Fernández said in an interview.

Shares of Homex SA, the nation´s second-largest homebuilder by market capitalization, rose 2.98 pesos, or 3 percent, to 103.51 pesos, and traded as high as a record 103.51. Consorcio Ara SA, the fourth-largest homebuilder, also set a record, rising 1.2 percent to 70.60 pesos.

Shares of Urbi Desarrollos Urbanos SA, the nation´s largest homebuilder, rose 60 centavos, or 1.5 percent, to 39.82 pesos.

The government housing agency said last week its goal was to provide 500,000 mortgages in 2007. The Reforma newspaper reported the agency would sell mortgage-backed securities in Europe and the United States next year for the first time.

The Bolsa index was led by América Móvil SA, Latin America´s largest mobile-phone company.

América Móvil´s Brazilian wireless unit had new subscriber growth that was "very strong" in November, Pali Research analyst Walter Piecyk said in a report. Shares rose 46 centavos, or 2 percent, to 23.63 pesos.

Mining shares gained as metal prices rebounded from a drop last week.

Grupo México SA, the nation´s largest copper producer, rose for the first session in five, gaining 24 centavos, or 0.6 percent, to 39.20 pesos. Copper futures for March delivery rose 2.4 cents, or 0.8 percent, to US$2.878 a pound on the Comex division of the New York Mercantile Exchange, after declining four sessions.

Industrial Peñoles SA, Mexico´s largest silver miner, rose 92 centavos, or 1 percent, to 96.30 pesos.