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Mexico stocks higher at close of trade; IPC up 0.94%

Published 05/10/2016, 04:29 PM
Updated 05/10/2016, 04:30 PM
Mexico stocks higher at close of trade; IPC up 0.94%

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

At the close in Mexico, the IPC rose 0.94%.

The best performers of the session on the IPC were Empresas ICA , S.A.B. De C.V. (MX:ICA), which rose 3.99% or 0.120 points to trade at 3.140 at the close. Meanwhile, Grupo Aeroportuario Del Sureste (MX:ASURB) added 2.43% or 6.640 points to end at 279.600 and Cemex SAB de CV (MX:CMXCPO) was up 2.38% or 0.290 points to 12.490 in late trade.

The worst performers of the session were PINFRA SAB De CV (MX:PINFRA), which fell 1.51% or 3.290 points to trade at 214.270 at the close. Genomma Lab Internacional SAB De CV (MX:LABB) declined 1.40% or 0.250 points to end at 17.520 and Gruma SAB de CV (MX:GRUMAB) was down 0.91% or 2.420 points to 264.000.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 105 to 55 and 13 ended unchanged.

Shares in Grupo Aeroportuario Del Sureste (MX:ASURB) rose to all time highs; up 2.43% or 6.640 to 279.600.

Gold for June delivery was up 0.13% or 1.60 to $1268.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.23% or 0.97 to hit $44.41 a barrel, while the July Brent oil contract rose 4.01% or 1.75 to trade at $45.38 a barrel.

USD/MXN was down 1.25% to 17.9776, while EUR/MXN fell 1.33% to 20.4444.

The US Dollar Index was up 0.10% at 94.23.

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