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Mexico shares lower at close of trade; IPC down 0.72%

Published 31/10/2017, 08:29 am
Updated 31/10/2017, 08:35 am
Mexico shares lower at close of trade; IPC down 0.72%

Mexico shares lower at close of trade; IPC down 0.72%

Investing.com – Mexico equities were lower at the close on Monday, as losses in the Materials, Consumer Staples and Consumer Goods & Services sectors propelled shares lower.

At the close in Mexico, the IPC declined 0.72%.

The biggest gainers of the session on the IPC were Alsea , S.A.B. De C.V. (MX:ALSEA), which rose 2.87% or 1.610 points to trade at 57.690 at the close. Arca Continental , S.A.B. De C.V. (MX:AC) added 2.09% or 2.51 points to end at 122.81 and Gruma SAB de CV (MX:GRUMAB) was up 1.72% or 4.40 points to 259.93 in late trade.

Biggest losers included Industrias Penoles Sab De CV (MX:PENOLES), which lost 3.92% or 17.31 points to trade at 424.34 in late trade. Fomento Economico Mexicano UBD (MX:FMSAUBD) declined 2.73% or 4.77 points to end at 170.05 and Coca Cola Femsa SAB De CV (MX:KOFL) shed 2.47% or 3.30 points to 130.18.

Advancing stocks outnumbered falling ones by 134 to 108 and 10 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.41% or 5.21 to $1277.01 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.41% or 0.22 to hit $54.12 a barrel, while the January Brent oil contract rose 0.13% or 0.08 to trade at $60.59 a barrel.

USD/MXN was up 0.03% to 19.2418, while EUR/MXN fell 0.01% to 22.4134.

The US Dollar Index Futures was down 0.36% at 94.38.

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