Mexico Stocks Lower at Close of Trade; S&P/BMV IPC Down 0.16%

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  • Mexican stocks slipped: The S&P/BMV IPC closed down 0.16%, pressured by Industrials, Consumer Goods & Services, and Consumer Staples sectors.
  • Top movers: Industrias Peoles (+9.11%) and Gentera (+2.07%) hit all-time highs, while Banco del Bajo gained 2.75%.
  • Biggest losers: Fomento Econmico (-3.84%) hit a 52-week low, alongside declines in Coca-Cola Femsa (-3.52%) and Genomma Lab (-2.78%).

Investing - Mexico stocks were lower after the close on Wednesday, as losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors led shares lower.
At the close in Mexico, the S&P/BMV IPC lost 0.16%.
The best performers of the session on the S&P/BMV IPC were Industrias Penoles Sab De CV, which rose 9.11% or 59.97 points to trade at 718.20 at the close. Meanwhile, Banco Del Bajio SA Institution De Banca Multiple added 2.75% or 1.27 points to end at 47.44 and Gentera SAB de CV was up 2.07% or 0.95 points to 46.86 in late trade.
The worst performers of the session were Fomento Economico Mexicano UBD, which fell 3.84% or 6.25 points to trade at 156.48 at the close. Coca-Cola Femsa SAB de CV declined 3.52% or 5.53 points to end at 151.79 and Genomma Lab Internacional SAB De CV was down 2.78% or 0.64 points to 22.39.
Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 135 to 119 and 11 ended unchanged.
Shares in Industrias Penoles Sab De CV rose to all time highs; up 9.11% or 59.97 to 718.20. Shares in Fomento Economico Mexicano UBD fell to 52-week lows; down 3.84% or 6.25 to 156.48. Shares in Gentera SAB de CV rose to all time highs; rising 2.07% or 0.95 to 46.86.
Gold Futures for December delivery was up 0.77% or 27.50 to $3,619.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 2.77% or 1.82 to hit $63.77 a barrel, while the November Brent oil contract fell 0.01% or 0.01 to trade at $67.38 a barrel.
USD/MXN was up 0.12% to 18.70, while EUR/MXN rose 0.09% to 21.81.
The US Dollar Index Futures was down 0.26% at 98.10. (AI)

Sumber : Investing

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