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Mexico stocks higher at close of trade; IPC up 2.23%

Published 09/22/2016, 04:29 PM
Updated 09/22/2016, 04:30 PM
Mexico stocks higher at close of trade; IPC up 2.23%

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

At the close in Mexico, the IPC rose 2.23% to hit a new 1-month high.

The best performers of the session on the IPC were Grupo Financiero Inbursa , SAB De CV (MX:GFINBURO), which rose 4.75% or 1.480 points to trade at 32.640 at the close. Meanwhile, Grupo Financiero Banorte (MX:GFNORTEO) added 4.22% or 4.330 points to end at 106.900 and Cemex SAB de CV (MX:CMXCPO) was up 4.01% or 0.590 points to 15.320 in late trade.

The worst performers of the session were Bolsa Mexicana De Valores SAB De CV (MX:BOLSAA), which fell 1.59% or 0.500 points to trade at 31.000 at the close. Grupo LALA SA de CV (MX:LALAB) declined 1.54% or 0.61 points to end at 38.89 and Genomma Lab Internacional SAB De CV (MX:LABB) was down 0.49% or 0.100 points to 20.360.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 141 to 31 and 12 ended unchanged.

Gold for December delivery was up 0.72% or 9.55 to $1340.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.70% or 0.77 to hit $46.11 a barrel, while the November Brent oil contract rose 1.49% or 0.70 to trade at $47.53 a barrel.

USD/MXN was down 0.51% to 19.6450, while EUR/MXN fell 0.35% to 22.0174.

The US Dollar Index was down 0.13% at 95.34.

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