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Mexico shares lower at close of trade; S&P/BMV IPC down 0.25%

Published 11/09/2018, 06:29 am
Updated 11/09/2018, 07:19 am
Mexico shares lower at close of trade; S&P/BMV IPC down 0.25%

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

At the close in Mexico, the S&P/BMV IPC lost 0.25%.

The biggest gainers of the session on the S&P/BMV IPC were Gentera SAB de CV (MX:GENTERA), which rose 5.41% or 0.980 points to trade at 19.080 at the close. Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA) added 3.46% or 28.43 points to end at 849.38 and Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) was up 2.58% or 1.780 points to 70.660 in late trade.

Biggest losers included Grupo Financiero Santander Mexico SAB de CV Class B (MX:BSMXB), which lost 1.83% or 0.540 points to trade at 28.930 in late trade. Industrias Penoles Sab De CV (MX:PENOLES) declined 1.73% or 5.61 points to end at 317.80 and Grupo Financiero Banorte (MX:GFNORTEO) shed 1.65% or 2.140 points to 127.920.

Advancing stocks outnumbered falling ones by 150 to 125 and 12 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.05% or 0.60 to $1201.00 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.34% or 0.23 to hit $67.52 a barrel, while the November Brent oil contract fell 0.01% or 0.01 to trade at $77.34 a barrel.

USD/MXN was up 0.02% to 19.2743, while EUR/MXN rose 0.07% to 22.3601.

The US Dollar Index Futures was down 0.27% at 95.12.

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