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Mexico shares higher at close of trade; S&P/BMV IPC up 1.24%

Published 08/08/2018, 06:29 am
Updated 08/08/2018, 06:30 am
Mexico shares higher at close of trade; S&P/BMV IPC up 1.24%
GFNORTEO
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GCARSOA1
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MEGACPO
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WALMEX
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MXX
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MXSE03
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MXSE07
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MXSE09
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IENOVA
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VOLARA
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Investing.com – Mexico equities were higher at the close on Tuesday, as gains in the Financial Services, Telecoms Services and Industrials sectors propelled shares higher.

At the close in Mexico, the S&P/BMV IPC gained 1.24% to hit a new 6-month high.

The biggest gainers of the session on the S&P/BMV IPC were Grupo Financiero Banorte (MX:GFNORTEO), which rose 4.86% or 6.180 points to trade at 133.230 at the close. Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) added 3.92% or 2.860 points to end at 75.820 and VOLARIS A (MX:VOLARA) was up 3.27% or 0.43 points to 13.58 in late trade.

Biggest losers included Infraestructura Energetica Nova SAB (MX:IENOVA), which lost 2.15% or 2.02 points to trade at 92.00 in late trade. Megacable Holdings, S.A.B. De C.V. (MX:MEGACPO) declined 1.86% or 1.610 points to end at 84.880 and Wal - Mart De Mexico, SAB De CV (MX:WALMEX) shed 1.46% or 0.790 points to 53.240.

Advancing stocks outnumbered falling ones by 174 to 105 and 12 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.07% or 0.90 to $1218.60 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.20% or 0.14 to hit $69.15 a barrel, while the October Brent oil contract rose 1.00% or 0.74 to trade at $74.49 a barrel.

USD/MXN was down 0.38% to 18.4552, while EUR/MXN rose 0.03% to 21.4106.

The US Dollar Index Futures was down 0.19% at 95.01.

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