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Mexico shares higher at close of trade; IPC up 0.32%

Published 22/08/2017, 06:29 am
Updated 22/08/2017, 06:35 am
Mexico shares higher at close of trade; IPC up 0.32%

Mexico shares higher at close of trade; IPC up 0.32%

Investing.com – Mexico equities were higher at the close on Monday, as gains in the Financial Services, Consumer Staples and Materials sectors propelled shares higher.

At the close in Mexico, the IPC rose 0.32%.

The biggest gainers of the session on the IPC were Nemak SAB de CV (MX:NEMAKA), which rose 3.30% or 0.48 points to trade at 15.02 at the close. Grupo Financiero Banorte (MX:GFNORTEO) added 2.59% or 3.150 points to end at 124.690 and Gentera SAB de CV (MX:GENTERA) was up 2.27% or 0.590 points to 26.600 in late trade.

Biggest losers included Alfa, S.A.B. De C.V. (MX:ALFAA), which lost 1.92% or 0.480 points to trade at 24.470 in late trade. VOLARIS A (MX:VOLARA) declined 1.79% or 0.42 points to end at 23.01 and Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA) shed 1.77% or 13.87 points to 770.42.

Declining stocks outnumbered rising ones by 141 to 71 and 13 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.39% or 5.09 to $1296.69 a troy ounce. Meanwhile, Crude oil for delivery in October fell 2.20% or 1.07 to hit $47.59 a barrel, while the October Brent oil contract fell 2.01% or 1.06 to trade at $51.66 a barrel.

USD/MXN was down 0.29% to 17.6547, while EUR/MXN rose 0.14% to 20.8515.

The US Dollar Index Futures was down 0.35% at 93.03.

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