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Mexico shares lower at close of trade; S&P/BMV IPC down 1.43%

Published 28/03/2018, 21:29
Mexico shares lower at close of trade; S&P/BMV IPC down 1.43%
KOFUBL
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CEMEXCPO
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FEMSAUBD
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GCARSOA1
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MXX
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MXSE07
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MXSE02
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MXSE09
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VOLARA
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BCCLF
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Investing.com – Mexico equities were lower at the close on Wednesday, as losses in the Materials, Telecoms Services and Financial Services sectors propelled shares lower.

At the close in Mexico, the S&P/BMV IPC lost 1.43% to hit a new 52-week low.

The biggest gainers of the session on the S&P/BMV IPC were Fomento Economico Mexicano UBD (MX:FMSAUBD), which rose 1.10% or 1.81 points to trade at 166.41 at the close. Becle SA (MX:CUERVO) added 0.82% or 0.300 points to end at 36.900 and Coca Cola Femsa SAB De CV (MX:KOFL) was up 0.65% or 0.77 points to 119.97 in late trade.

Biggest losers included Cemex SAB de CV (MX:CMXCPO), which lost 5.10% or 0.645 points to trade at 12.005 in late trade. VOLARIS A (MX:VOLARA) declined 3.09% or 0.47 points to end at 14.72 and Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) shed 2.99% or 1.970 points to 64.010.

Declining stocks outnumbered rising ones by 186 to 48 and 9 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for April delivery was down 1.30% or 17.50 to $1324.50 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.90% or 0.59 to hit $64.66 a barrel, while the June Brent oil contract fell 0.66% or 0.46 to trade at $69.00 a barrel.

USD/MXN was down 0.39% to 18.3169, while EUR/MXN fell 1.18% to 22.5443.

The US Dollar Index Futures was up 0.90% at 89.76.

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