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Mexico stocks higher at close of trade; IPC up 1.02%

Published 08/10/2015, 04:29 PM
Updated 08/10/2015, 04:32 PM
Mexico stocks higher at close of trade; IPC up 1.02%

Mexico stocks higher at close of trade; IPC up 1.02%

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

At the close in Mexico, the IPC added 1.02%.

The best performers of the session on the IPC were Industrias Penoles Sab De CV (MX:PENOLES), which rose 2.91% or 6.990 points to trade at 247.500 at the close. Meanwhile, Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) added 2.64% or 1.130 points to end at 43.840 and Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) was up 2.48% or 1.800 points to 74.440 in late trade.

The worst performers of the session were Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA), which fell 1.46% or 4.820 points to trade at 321.550 at the close. El Puerto De Liverpool Sab De CV (MX:LIVEPOLC1) declined 0.92% or 1.770 points to end at 191.100 and Controladora Comercial Mexicana UBC (MX:COMEUBC) was down 0.78% or 0.380 points to 48.700.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 103 to 55 and 5 ended unchanged.

Shares in Grupo Elektra, S.A.B. De C.V. (MX:ELEKTRA) fell to 5-year lows; down 1.46% or 4.820 to 321.550.

Gold for December delivery was up 0.02% or 0.20 to $1104.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 2.15% or 0.94 to hit $44.82 a barrel, while the October Brent oil contract rose 0.04% or 0.02 to trade at $50.83 a barrel.

USD/MXN was down 0.00% to 16.1627, while EUR/MXN rose 0.48% to 17.8079.

The US Dollar Index was down 0.45% at 97.22.

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