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Mexico shares lower at close of trade; S&P/BMV IPC down 0.56%

Published 30/10/2024, 21:30
© Reuters.  Mexico shares lower at close of trade; S&P/BMV IPC down 0.56%
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Investing.com – Mexico equities were lower at the close on Wednesday, as losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors propelled shares lower.

At the close in Mexico, the S&P/BMV IPC lost 0.56% to hit a new 6-month low.

The biggest gainers of the session on the S&P/BMV IPC were Megacable Holdings, S.A.B. De C.V. (BMV:MEGACPO), which rose 4.03% or 1.71 points to trade at 44.13 at the close. Corporacion Inmobiliaria Vesta SAB (BMV:VESTA) added 3.11% or 1.56 points to end at 51.72 and Regional SAB de CV (BMV:RA) was up 2.50% or 2.96 points to 121.40 in late trade.

Biggest losers included Orbia Advance Corporation SAB de CV (BMV:ORBIA), which lost 4.56% or 0.88 points to trade at 18.42 in late trade. Becle SA (BMV:CUERVO) declined 2.85% or 0.80 points to end at 27.31 and Grupo Aeroportuario Del Sureste (BMV:ASURB) shed 2.83% or 15.64 points to 537.10.

Advancing stocks outnumbered falling ones by 119 to 116 and 19 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.65% or 18.00 to $2,799.10 a troy ounce. Meanwhile, Crude oil for delivery in December rose 2.81% or 1.89 to hit $69.10 a barrel, while the January Brent oil contract rose 0.03% or 0.02 to trade at $72.68 a barrel.

USD/MXN was up 0.03% to 20.15, while EUR/MXN rose 0.02% to 21.89.

The US Dollar Index Futures was down 0.18% at 104.00.

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