2 months ago
Stock Market

Mexico stocks lower at close of trade; S&P/BMV IPC down 0.68%

Investing.com – Mexico stocks were lower after the close on Thursday, as losses in the Telecoms Services, Materials and Financial

Investing.com – Mexico stocks were lower after the close on Thursday, as losses in the Telecoms Services, Materials and Financial Services sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC declined 0.68%.

The best performers of the session on the S&P/BMV IPC were Genomma Lab Internacional SAB De CV (MX:LABB), which rose 5.92% or 0.710 points to trade at 12.700 at the close. Meanwhile, GMexico Transportes SA de CV (MX:GMXT) added 3.49% or 0.900 points to end at 26.700 and Industrias Penoles Sab De CV (MX:PENOLES) was up 2.21% or 5.50 points to 254.41 in late trade.

The worst performers of the session were Mexichem , S.A.B. De C.V. (MX:MEXCHEM), which fell 3.58% or 1.790 points to trade at 48.270 at the close. Grupo Televisa SAB Unit (MX:TLVACPO) declined 2.90% or 1.44 points to end at 48.28 and Banco Del Bajio SA Institution De Banca Multiple (MX:BBAJIOO) was down 2.27% or 0.870 points to 37.440.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 153 to 88 and 12 ended unchanged.

Shares in Grupo Televisa SAB Unit (MX:TLVACPO) fell to 5-year lows; falling 2.90% or 1.44 to 48.28.

Gold Futures for February delivery was up 0.93% or 11.90 to $1296.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.05% or 0.49 to hit $47.03 a barrel, while the March Brent oil contract rose 1.62% or 0.89 to trade at $55.80 a barrel.

USD/MXN was up 0.38% to 19.6367, while EUR/MXN rose 0.88% to 22.3838.

The US Dollar Index Futures was down 0.64% at 95.808.