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Mexico shares higher at close of trade; IPC up 1.47%

Published 04/05/2015, 21:29
Updated 04/05/2015, 21:30
Mexico shares higher at close of trade; IPC up 1.47%
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Investing.com – Mexico equities were higher at the close on Monday, as gains in the Consumer Staples, Financial Services and Telecoms Services sectors propelled shares higher.

At the close in Mexico, the IPC gained 1.47% to hit a new 3-month low.

The biggest gainers of the session on the IPC were Grupo LALA SA de CV (MX:LALAB), which rose 5.12% or 1.59 points to trade at 32.68 at the close. Gruma, S.A.B. De C.V. (MX:GRUMAB) added 4.27% or 7.890 points to end at 192.900 and Mexichem, S.A.B. De C.V. (MX:MEXCHEM) was up 4.19% or 1.840 points to 45.970 in late trade.

Biggest losers included Infraestructura Energetica Nova SAB (MX:IENOVA), which lost 3.19% or 2.85 points to trade at 86.53 in late trade. Bolsa Mexicana De Valores SAB De CV (MX:BOLSAA) declined 3.05% or 0.900 points to end at 28.650 and Banregio Grupo Financiero SAB De CV (MX:GFREGIOO) shed 1.90% or 1.670 points to 86.220.

Advancing stocks outnumbered falling ones by 90 to 40 and 1 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold for June delivery was up 1.12% or 13.20 to $1187.70 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.33% or 0.20 to hit $58.95 a barrel, while the June Brent oil contract unchanged 0.00% or 0.00 to trade at $66.46 a barrel.

USD/MXN was down 0.85% to 15.4347, while EUR/MXN fell 1.31% to 17.2003.

The US Dollar Index was up 0.22% at 95.59.

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