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Mexico shares higher at close of trade; IPC up 1.36%

Published 04/02/2016, 20:29
Updated 04/02/2016, 20:30
Mexico shares higher at close of trade; IPC up 1.36%

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

At the close in Mexico, the IPC gained 1.36% to hit a new 1-month high.

The biggest gainers of the session on the IPC were Cemex SAB de CV (MX:CMXCPO), which rose 10.83% or 0.910 points to trade at 9.310 at the close. Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) added 5.57% or 1.900 points to end at 35.990 and Gentera SAB de CV (MX:GENTERA) was up 4.46% or 1.410 points to 33.000 in late trade.

Biggest losers included Empresas ICA , S.A.B. De C.V. (MX:ICA), which lost 4.56% or 0.200 points to trade at 4.190 in late trade. Fomento Economico Mexicano UBD (MX:FMSAUBD) declined 1.59% or 2.700 points to end at 166.780 and Banregio Grupo Financiero SAB De CV (MX:GFREGIOO) shed 0.95% or 0.820 points to 85.430.

Advancing stocks outnumbered falling ones by 85 to 46 and 5 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold for April delivery was up 1.36% or 15.50 to $1156.80 a troy ounce. Meanwhile, Crude oil for delivery in March fell 1.94% or 0.62 to hit $31.66 a barrel, while the April Brent oil contract fell 1.81% or 0.64 to trade at $34.41 a barrel.

USD/MXN was up 0.58% to 18.2669, while EUR/MXN rose 1.43% to 20.4676.

The US Dollar Index was down 0.71% at 96.56.

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