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Mexico stocks higher at close of trade

Published 02/24/2015, 04:29 PM
Updated 02/24/2015, 04:30 PM
Mexico stocks higher at close of trade

Investing.com – Mexico stocks were higher after the close on Tuesday, as gains in the Industrials, Materials and Consumer Goods & Services sectors led shares higher.

At the close in Mexico, the IPC rose 0.56% to hit a new 1-month high.

The best performers of the session on the IPC were Alpek, S.A.B. De C.V. (MX:ALPEKA), which rose 6.76% or 1.110 points to trade at 17.520 at the close. Meanwhile, Alfa, S.A.B. De C.V. (MX:ALFAA) added 5.76% or 1.670 points to end at 30.660 and Mexichem, S.A.B. De C.V. (MX:MEXCHEM) was up 4.27% or 1.810 points to 44.170 in late trade.

The worst performers of the session were Gruma, S.A.B. De C.V. (MX:GRUMAB), which fell 2.12% or 3.820 points to trade at 176.600 at the close. Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) declined 1.76% or 0.830 points to end at 46.260 and Grupo Elektra, S.A.B. De C.V. (MX:ELEKTRA) was down 1.73% or 8.960 points to 510.030.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 72 to 69 and 4 ended unchanged.

Gold for April delivery was down 0.07% or 0.90 to $1199.90 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in April fell 0.88% or 0.43 to hit $49.02 a barrel, while the April Brent Oil contract fell 0.48% or 0.28 to trade at $58.62 a barrel.

USD/MXN was down 1.15% to 14.9164, while EUR/MXN fell 1.06% to 16.9184.

The US Dollar Index was down 0.15% at 94.52.

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