💥 Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

Mexico shares lower at close of trade; S&P/BMV IPC down 1.15%

Published 17/07/2024, 21:30
© Reuters.  Mexico shares lower at close of trade; S&P/BMV IPC down 1.15%
MXX
-

Investing.com – Mexico equities were lower at the close on Wednesday, as losses in the Industrials, Telecoms Services and Materials sectors propelled shares lower.

At the close in Mexico, the S&P/BMV IPC lost 1.15%.

The biggest gainers of the session on the S&P/BMV IPC were Orbia Advance Corporation SAB de CV (BMV:ORBIA), which rose 2.18% or 0.53 points to trade at 24.87 at the close. Coca-Cola Femsa SAB de CV (BMV:KOFUBL) added 1.66% or 2.55 points to end at 155.88 and Fomento Economico Mexicano UBD (BMV:FEMSAUBD) was up 1.42% or 2.91 points to 208.39 in late trade.

Biggest losers included Gentera SAB de CV (BMV:GENTERA), which lost 4.05% or 0.95 points to trade at 22.50 in late trade. Grupo Carso, S.A.B. De C.V. (BMV:GCARSOA1) declined 3.88% or 5.13 points to end at 127.00 and Cemex SAB de CV (BMV:CEMEXCPO) shed 3.86% or 0.46 points to 11.47.

Declining stocks outnumbered rising ones by 133 to 109 and 7 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for August delivery was down 0.25% or 6.05 to $2,461.75 a troy ounce. Meanwhile, Crude oil for delivery in September rose 2.20% or 1.75 to hit $81.46 a barrel, while the September Brent oil contract rose 1.58% or 1.32 to trade at $85.05 a barrel.

USD/MXN was up 0.22% to 17.70, while EUR/MXN rose 0.56% to 19.36.

The US Dollar Index Futures was down 0.49% at 103.44.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.