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Mexico shares higher at close of trade; S&P/BMV IPC up 0.49%

Published 17/01/2018, 22:29
Mexico shares higher at close of trade; S&P/BMV IPC up 0.49%
GPAGF
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GAPB
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MXSE03
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Investing.com – Mexico equities were higher at the close on Wednesday, as gains in the Telecoms Services, Industrials and Financial Services sectors propelled shares higher.

At the close in Mexico, the S&P/BMV IPC gained 0.49%.

The biggest gainers of the session on the S&P/BMV IPC were Grupo LALA SA de CV (MX:LALAB), which rose 4.27% or 1.22 points to trade at 29.80 at the close. Grupo Aeroportuario del Pacifico SAB De CV Class B (MX:GAPB) added 2.80% or 5.48 points to end at 200.89 and Alpek, S.A.B. De C.V. (MX:ALPEKA) was up 2.73% or 0.690 points to 25.920 in late trade.

Biggest losers included Gruma SAB de CV (MX:GRUMAB), which lost 3.46% or 8.50 points to trade at 237.44 in late trade. Fomento Economico Mexicano UBD (MX:FMSAUBD) declined 1.43% or 2.63 points to end at 180.81 and VOLARIS A (MX:VOLARA) shed 1.22% or 0.20 points to 16.22.

Advancing stocks outnumbered falling ones by 164 to 138 and 13 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for February delivery was down 0.73% or 9.80 to $1327.30 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.55% or 0.35 to hit $64.08 a barrel, while the March Brent oil contract rose 0.04% or 0.03 to trade at $69.47 a barrel.

USD/MXN was down 0.02% to 18.7201, while EUR/MXN rose 0.02% to 22.8106.

The US Dollar Index Futures was up 0.47% at 90.65.

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