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Mexico stocks higher at close of trade; IPC up 1.40%

Published 10/10/2016, 04:29 PM
Updated 10/10/2016, 04:30 PM
Mexico stocks higher at close of trade; IPC up 1.40%

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

At the close in Mexico, the IPC rose 1.40% to hit a new 1-month high.

The best performers of the session on the IPC were Alfa, S.A.B. De C.V. (MX:ALFAA), which rose 3.22% or 0.970 points to trade at 31.140 at the close. Meanwhile, Bolsa Mexicana De Valores SAB De CV (MX:BOLSAA) added 3.21% or 0.990 points to end at 31.810 and Cemex SAB de CV (MX:CMXCPO) was up 2.95% or 0.460 points to 16.070 in late trade.

The worst performers of the session were Grupo Aeroportuario Del CentroNorte (MX:OMAB), which fell 0.66% or 0.750 points to trade at 112.100 at the close. Grupo Aeroportuario Del Pacifico (MX:GAPB) declined 0.51% or 0.960 points to end at 186.250 and Arca Continental , S.A.B. De C.V. (MX:AC) was up 0.05% or 0.060 points to 118.060.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 99 to 72 and 6 ended unchanged.

Shares in Cemex SAB de CV (MX:CMXCPO) rose to 52-week highs; rising 2.95% or 0.460 to 16.070.

Gold for December delivery was up 0.76% or 9.55 to $1261.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 2.81% or 1.40 to hit $51.21 a barrel, while the December Brent oil contract rose 1.96% or 1.02 to trade at $52.95 a barrel.

USD/MXN was down 1.97% to 18.9237, while EUR/MXN fell 2.47% to 21.0773.

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The US Dollar Index was up 0.41% at 96.92.

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