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Mexico shares higher at close of trade; S&P/BMV IPC up 0.42%

Published 12/04/2018, 06:29 am
Updated 12/04/2018, 06:35 am
Mexico shares higher at close of trade; S&P/BMV IPC up 0.42%

Mexico shares higher at close of trade; S&P/BMV IPC up 0.42%

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

At the close in Mexico, the S&P/BMV IPC gained 0.42%.

The biggest gainers of the session on the S&P/BMV IPC were Kimberly - Clark De Mexico A (MX:KIMBERA), which rose 2.36% or 0.790 points to trade at 34.270 at the close. Grupo Aeroportuario del Pacifico SAB De CV Class B (MX:GAPB) added 1.47% or 2.83 points to end at 195.06 and Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) was up 1.30% or 0.830 points to 64.650 in late trade.

Biggest losers included VOLARIS A (MX:VOLARA), which lost 1.90% or 0.31 points to trade at 16.03 in late trade. Gruma SAB de CV (MX:GRUMAB) declined 1.63% or 3.64 points to end at 219.97 and Alfa, S.A.B. De C.V. (MX:ALFAA) shed 1.59% or 0.380 points to 23.470.

Declining stocks outnumbered rising ones by 145 to 124 and 16 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for June delivery was up 0.79% or 10.60 to $1356.50 a troy ounce. Meanwhile, Crude oil for delivery in May rose 1.89% or 1.24 to hit $66.75 a barrel, while the June Brent oil contract rose 1.22% or 0.87 to trade at $71.91 a barrel.

USD/MXN was down 0.25% to 18.2188, while EUR/MXN fell 0.14% to 22.5272.

The US Dollar Index Futures was down 0.11% at 89.22.

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