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Mexico shares higher at close of trade; IPC up 0.31%

Published 01/08/2016, 21:29
Updated 01/08/2016, 21:30
Mexico shares higher at close of trade; IPC up 0.31%

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

At the close in Mexico, the IPC added 0.31%.

The biggest gainers of the session on the IPC were Kimberly - Clark De Mexico A (MX:KIMBERA), which rose 2.45% or 1.040 points to trade at 43.450 at the close. Mexichem , S.A.B. De C.V. (MX:MEXCHEM) added 1.93% or 0.790 points to end at 41.650 and Gentera SAB de CV (MX:GENTERA) was up 1.18% or 0.410 points to 35.250 in late trade.

Biggest losers included Coca-Cola Femsa, S.A.B. De C.V. (MX:KOFL), which lost 2.16% or 3.180 points to trade at 144.210 in late trade. Infraestructura Energetica Nova SAB (MX:IENOVA) declined 1.37% or 1.04 points to end at 74.70 and Empresas ICA , S.A.B. De C.V. (MX:ICA) shed 1.23% or 0.030 points to 2.410.

Advancing stocks outnumbered falling ones by 84 to 83 and 12 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold for December delivery was up 0.24% or 3.25 to $1360.75 a troy ounce. Meanwhile, Crude oil for delivery in September fell 3.65% or 1.52 to hit $40.08 a barrel, while the October Brent oil contract fell 2.89% or 1.26 to trade at $42.27 a barrel.

USD/MXN was up 0.66% to 18.8755, while EUR/MXN rose 0.55% to 21.0685.

The US Dollar Index was up 0.23% at 95.75.

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