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Mexico shares higher at close of trade

Published 03/02/2015, 21:29
Updated 03/02/2015, 21:30
Mexico shares higher at close of trade

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

At the close in Mexico, the IPC rose 1.52%.

The biggest gainers of the session on the IPC were Alfa, S.A.B. De C.V. (MX:ALFAA), which rose 7.17% or 1.970 points to trade at 29.530 at the close. Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA) added 4.27% or 1.630 points to end at 39.800 and Grupo Financiero Banorte (MX:GFNORTEO) was up 4.18% or 3.180 points to 79.100 in late trade.

Biggest losers included Grupo Comercial Chedraui, SAB De CV (MX:CHDRAUIB), which lost 2.77% or 1.150 points to trade at 40.890 in late trade. Empresas ICA, S.A.B. De C.V. (MX:ICA) declined 2.63% or 0.410 points to end at 15.100 and Banregio Grupo Financiero SAB De CV (MX:GFREGIOO) shed 2.09% or 1.620 points to 76.000.

Advancing stocks outnumbered falling ones by 78 to 53 and 2 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold for April delivery was down 1.21% or 15.40 to $1261.50 a troy ounce. Meanwhile, Crude Oil for delivery in March rose 4.38% or 2.17 to hit $51.74 a barrel, while the March Brent Oil contract rose 4.09% or 2.24 to trade at $56.99 a barrel.

USD/MXN was down 1.38% to 14.6628, while EUR/MXN fell 0.13% to 16.8391.

The US Dollar Index was down 1.11% at 93.77.

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