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Mexico stocks higher at close of trade; IPC up 0.68%

Published 08/15/2016, 04:29 PM
Updated 08/15/2016, 04:30 PM
Mexico stocks higher at close of trade; IPC up 0.68%

Investing.com – Mexico stocks were higher after the close on Monday, as gains in the Financial Services, Materials and Telecoms Services sectors led shares higher.

At the close in Mexico, the IPC rose 0.68% to hit a new all time high.

The best performers of the session on the IPC were Banregio Grupo Financiero SAB De CV (MX:GFREGIOO), which rose 5.25% or 5.650 points to trade at 113.250 at the close. Meanwhile, PINFRA SAB De CV (MX:PINFRA) added 3.86% or 8.730 points to end at 234.810 and Grupo Financiero Inbursa , SAB De CV (MX:GFINBURO) was up 3.84% or 1.200 points to 32.450 in late trade.

The worst performers of the session were Ohl Mexico, S.A.B. De C.V. (MX:OHLMEX), which fell 2.89% or 0.780 points to trade at 26.190 at the close. Arca Continental , S.A.B. De C.V. (MX:AC) declined 2.58% or 3.190 points to end at 120.310 and Kimberly - Clark De Mexico A (MX:KIMBERA) was down 1.17% or 0.530 points to 44.870.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 98 to 57 and 6 ended unchanged.

Shares in Banregio Grupo Financiero SAB De CV (MX:GFREGIOO) rose to all time highs; rising 5.25% or 5.650 to 113.250. Shares in PINFRA SAB De CV (MX:PINFRA) rose to all time highs; rising 3.86% or 8.730 to 234.810.

Gold for December delivery was up 0.10% or 1.30 to $1344.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 2.72% or 1.21 to hit $45.70 a barrel, while the October Brent oil contract rose 2.83% or 1.33 to trade at $48.30 a barrel.

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USD/MXN was down 1.05% to 18.0712, while EUR/MXN fell 0.87% to 20.2100.

The US Dollar Index was down 0.10% at 95.58.

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