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Mexico shares lower at close of trade; S&P/BMV IPC down 0.50%

Published 11/07/2018, 06:29 am
Updated 11/07/2018, 06:35 am
Mexico shares lower at close of trade; S&P/BMV IPC down 0.50%
TLEVISACPO
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ALSEA
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ELEKTRA
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GFNORTEO
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PEOLES
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WALMEX
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MXX
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MXSE07
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MXSE02
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MXSE09
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Investing.com – Mexico equities were lower at the close on Tuesday, as losses in the Financial Services, Materials and Telecoms Services sectors propelled shares lower.

At the close in Mexico, the S&P/BMV IPC lost 0.50%.

The biggest gainers of the session on the S&P/BMV IPC were Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA), which rose 5.39% or 29.35 points to trade at 574.00 at the close. Wal - Mart De Mexico, SAB De CV (MX:WALMEX) added 2.46% or 1.320 points to end at 55.000 and Grupo Televisa SAB Unit (MX:TLVACPO) was up 2.29% or 1.72 points to 76.95 in late trade.

Biggest losers included Grupo Financiero Banorte (MX:GFNORTEO), which lost 2.81% or 3.440 points to trade at 118.990 in late trade. Alsea , S.A.B. De C.V. (MX:ALSEA) declined 2.46% or 1.720 points to end at 68.260 and Industrias Penoles Sab De CV (MX:PENOLES) shed 2.42% or 8.45 points to 340.15.

Declining stocks outnumbered rising ones by 172 to 118 and 7 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for August delivery was down 0.25% or 3.20 to $1256.40 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.58% or 0.43 to hit $74.28 a barrel, while the September Brent oil contract rose 1.23% or 0.96 to trade at $79.03 a barrel.

USD/MXN was down 1.69% to 18.8870, while EUR/MXN fell 1.62% to 22.1852.

The US Dollar Index Futures was up 0.05% at 93.85.

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