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Mexico shares higher at close of trade; S&P/BMV IPC up 0.14%

Published 10/01/2019, 21:29
Updated 10/01/2019, 21:30
© Reuters.  Mexico shares higher at close of trade; S&P/BMV IPC up 0.14%
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Investing.com – Mexico equities were higher at the close on Thursday, as gains in the Financial Services, Industrials and Materials sectors propelled shares higher.

At the close in Mexico, the S&P/BMV IPC gained 0.14% to hit a new 1-month high.

The biggest gainers of the session on the S&P/BMV IPC were Grupo Financiero Banorte (MX:GFNORTEO), which rose 3.87% or 3.860 points to trade at 103.560 at the close. Alfa, S.A.B. De C.V. (MX:ALFAA) added 2.54% or 0.610 points to end at 24.650 and Grupo Aeroportuario del Pacifico SAB De CV Class B (MX:GAPB) was up 1.83% or 3.17 points to 176.18 in late trade.

Biggest losers included Genomma Lab Internacional SAB De CV (MX:LABB), which lost 3.53% or 0.490 points to trade at 13.400 in late trade. Grupo Televisa SAB Unit (MX:TLVACPO) declined 2.80% or 1.38 points to end at 47.83 and Becle SA (MX:CUERVO) shed 2.67% or 0.700 points to 25.530.

Declining stocks outnumbered rising ones by 141 to 116 and 12 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for February delivery was down 0.38% or 4.90 to $1287.10 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.23% or 0.12 to hit $52.48 a barrel, while the March Brent oil contract fell 0.02% or 0.01 to trade at $61.43 a barrel.

USD/MXN was down 0.47% to 19.1345, while EUR/MXN fell 0.83% to 22.0019.

The US Dollar Index Futures was up 0.38% at 95.153.

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