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Mexico shares higher at close of trade; IPC up 1.23%

Published 25/10/2017, 07:29 am
Updated 25/10/2017, 07:35 am
Mexico shares higher at close of trade; IPC up 1.23%

Investing.com – Mexico equities were higher at the close on Tuesday, as gains in the Materials, Telecoms Services and Industrials sectors propelled shares higher.

At the close in Mexico, the IPC added 1.23%.

The biggest gainers of the session on the IPC were Alfa, S.A.B. De C.V. (MX:ALFAA), which rose 3.28% or 0.660 points to trade at 20.770 at the close. Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) added 2.81% or 1.690 points to end at 61.840 and Banregio Grupo Financiero SAB De CV (MX:GFREGIOO) was up 2.81% or 2.85 points to 104.14 in late trade.

Biggest losers included Gentera SAB de CV (MX:GENTERA), which lost 2.56% or 0.590 points to trade at 22.420 in late trade. Grupo LALA SA de CV (MX:LALAB) declined 1.86% or 0.57 points to end at 30.01 and Gruma SAB de CV (MX:GRUMAB) shed 1.12% or 2.93 points to 258.07.

Advancing stocks outnumbered falling ones by 165 to 62 and 12 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.19% or 2.49 to $1278.41 a troy ounce. Meanwhile, Crude oil for delivery in December rose 1.12% or 0.58 to hit $52.48 a barrel, while the December Brent oil contract rose 1.81% or 1.04 to trade at $58.41 a barrel.

USD/MXN was up 0.78% to 19.2212, while EUR/MXN rose 0.84% to 22.6074.

The US Dollar Index Futures was up 0.10% at 93.81.

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