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Mexico shares lower at close of trade; IPC down 2.23%

Published 09/11/2016, 22:29
Updated 09/11/2016, 22:30
Mexico shares lower at close of trade; IPC down 2.23%
BIMBOA
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GFNORTEO
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GMEXICOB
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GCARSOA1
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PEOLES
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MXX
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MXSE03
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MXSE04
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MXSE07
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NEMAKA
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Investing.com – Mexico equities were lower at the close on Wednesday, as losses in the Financial Services, Industrials and Consumer Goods & Services sectors propelled shares lower.

At the close in Mexico, the IPC lost 2.23%.

The biggest gainers of the session on the IPC were Industrias Penoles Sab De CV (MX:PENOLES), which rose 12.95% or 64.110 points to trade at 559.040 at the close. Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) added 4.20% or 2.050 points to end at 50.850 and Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA) was up 0.35% or 0.180 points to 52.010 in late trade.

Biggest losers included Nemak SAB de CV (MX:NEMAKA), which lost 8.15% or 1.61 points to trade at 18.14 in late trade. Grupo Financiero Banorte (MX:GFNORTEO) declined 7.44% or 8.460 points to end at 105.180 and Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) shed 6.44% or 5.740 points to 83.410.

Advancing stocks outnumbered falling ones by 114 to 89 and 5 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold for December delivery was up 0.24% or 3.00 to $1277.50 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.80% or 0.36 to hit $45.34 a barrel, while the January Brent oil contract fell 0.06% or 0.03 to trade at $46.53 a barrel.

USD/MXN was up 0.51% to 19.9475, while EUR/MXN rose 0.90% to 21.7965.

The US Dollar Index was up 0.80% at 98.66.

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