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Mexico shares higher at close of trade; S&P/BMV IPC up 0.38%

Published 12/05/2018, 06:29 am
Updated 12/05/2018, 06:35 am
© Reuters.  Mexico shares higher at close of trade; S&P/BMV IPC up 0.38%
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GENTERA
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Investing.com – Mexico equities were higher at the close on Friday, as gains in the Telecoms Services, Industrials and Consumer Staples sectors propelled shares higher.

At the close in Mexico, the S&P/BMV IPC added 0.38%.

The biggest gainers of the session on the S&P/BMV IPC were Megacable Holdings, S.A.B. De C.V. (MX:MEGACPO), which rose 4.21% or 3.800 points to trade at 93.970 at the close. Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) added 3.32% or 2.050 points to end at 63.710 and Coca Cola Femsa SAB De CV (MX:KOFL) was up 1.87% or 2.18 points to 118.78 in late trade.

Biggest losers included Gentera SAB de CV (MX:GENTERA), which lost 2.67% or 0.400 points to trade at 14.580 in late trade. Grupo LALA SA de CV (MX:LALAB) declined 2.44% or 0.53 points to end at 21.21 and Alpek, S.A.B. De C.V. (MX:ALPEKA) shed 1.12% or 0.300 points to 26.600.

Advancing stocks outnumbered falling ones by 157 to 121 and 18 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for June delivery was down 0.26% or 3.50 to $1318.80 a troy ounce. Meanwhile, Crude oil for delivery in June fell 1.09% or 0.78 to hit $70.58 a barrel, while the July Brent oil contract fell 0.56% or 0.43 to trade at $77.04 a barrel.

USD/MXN was up 1.06% to 19.4222, while EUR/MXN rose 1.28% to 23.1927.

The US Dollar Index Futures was down 0.16% at 92.42.

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