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Mexico shares higher at close of trade; S&P/BMV IPC up 0.97%

Published 17/10/2018, 07:29 am
Updated 17/10/2018, 07:30 am
© Reuters.  Mexico shares higher at close of trade; S&P/BMV IPC up 0.97%

© Reuters. Mexico shares higher at close of trade; S&P/BMV IPC up 0.97%

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

At the close in Mexico, the S&P/BMV IPC gained 0.97%.

The biggest gainers of the session on the S&P/BMV IPC were Becle SA (MX:CUERVO), which rose 3.23% or 0.950 points to trade at 30.320 at the close. Grupo Aeroportuario del Pacifico SAB De CV Class B (MX:GAPB) added 2.52% or 4.81 points to end at 195.82 and Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA) was up 2.46% or 0.920 points to 38.260 in late trade.

Biggest losers included Infraestructura Energetica Nova SAB (MX:IENOVA), which lost 2.46% or 2.25 points to trade at 89.20 in late trade. Gruma SAB de CV (MX:GRUMAB) declined 1.41% or 3.29 points to end at 230.01 and Banco Del Bajio SA Institution De Banca Multiple (MX:BBAJIOO) shed 0.85% or 0.400 points to 46.580.

Advancing stocks outnumbered falling ones by 168 to 109 and 8 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.20% or 2.40 to $1227.90 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.43% or 0.31 to hit $72.09 a barrel, while the December Brent oil contract rose 1.00% or 0.81 to trade at $81.59 a barrel.

USD/MXN was down 0.45% to 18.7576, while EUR/MXN fell 0.48% to 21.7126.

The US Dollar Index Futures was up 0.01% at 94.78.

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