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Mexico shares higher at close of trade

Published 26/02/2015, 21:29
Mexico shares higher at close of trade
USD/MXN
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EUR/MXN
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GPAGF
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DX
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GC
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LCO
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CL
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ALFAA
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ELEKTRA
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GCARSOA1
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ORBIA
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MXX
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MXSE03
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MXSE04
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FMX
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Investing.com – Mexico equities were higher at the close on Thursday, as gains in the Consumer Goods & Services, Consumer Staples and Industrials sectors propelled shares higher.

At the close in Mexico, the IPC rose 1.40% to hit a new 3-month high.

The biggest gainers of the session on the IPC were Fomento Economico Mexicano UBD (MX:FMSAUBD), which rose 5.03% or 6.850 points to trade at 142.850 at the close. Gruma, S.A.B. De C.V. (MX:GRUMAB) added 3.86% or 6.710 points to end at 180.000 and Alfa, S.A.B. De C.V. (MX:ALFAA) was up 3.60% or 1.130 points to 32.450 in late trade.

Biggest losers included Mexichem, S.A.B. De C.V. (MX:MEXCHEM), which lost 3.41% or 1.530 points to trade at 43.590 in late trade. Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) declined 2.53% or 1.690 points to end at 65.530 and Grupo Elektra, S.A.B. De C.V. (MX:ELEKTRA) shed 1.23% or 6.380 points to 507.210.

Advancing stocks outnumbered falling ones by 83 to 39 on the Mexico Stock Exchange.

In commodities trading, Gold for April delivery was up 0.66% or 7.90 to $1209.40 a troy ounce. Meanwhile, Crude Oil for delivery in April fell 4.07% or 2.08 to hit $48.91 a barrel, while the April Brent Oil contract fell 1.81% or 1.11 to trade at $60.52 a barrel.

USD/MXN was up 0.44% to 14.9969, while EUR/MXN fell 1.01% to 16.7888.

The US Dollar Index was up 1.18% at 95.35.

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