Mexico shares lower at close of trade; S&P/BMV IPC down 0.23%

© Reuters. Mexico shares lower at close of trade; S&P/BMV IPC down 0.23%

Investing.com – Mexico equities were lower at the close on Wednesday, as losses in the Telecoms Services, Industrials and Materials sectors propelled shares lower.

At the close in Mexico, the S&P/BMV IPC lost 0.23% to hit a new 52-week low.

The biggest gainers of the session on the S&P/BMV IPC were Grupo Financiero Banorte (MX:GFNORTEO), which rose 2.75% or 2.680 points to trade at 100.220 at the close. Infraestructura Energetica Nova SAB (MX:IENOVA) added 2.72% or 2.01 points to end at 75.90 and Grupo Financiero Santander Mexico SAB de CV Class B (MX:BSMXB) was up 2.39% or 0.610 points to 26.180 in late trade.

Biggest losers included Grupo Aeroportuario Del CentroNorte (MX:OMAB), which lost 4.21% or 4.230 points to trade at 96.260 in late trade. Grupo Aeroportuario Del Sureste (MX:ASURB) declined 3.57% or 10.62 points to end at 286.76 and Industrias Penoles Sab De CV (MX:PENOLES) shed 3.52% or 8.82 points to 242.04.

Declining stocks outnumbered rising ones by 185 to 128 and 12 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 1.07% or 12.80 to $1212.00 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.70% or 0.39 to hit $56.08 a barrel, while the January Brent oil contract rose 0.34% or 0.22 to trade at $65.69 a barrel.

USD/MXN was down 0.50% to 20.3910, while EUR/MXN fell 0.32% to 23.0692.

The US Dollar Index Futures was down 0.33% at 96.82.