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Mexico stocks lower at close of trade

Published 01/30/2015, 04:29 PM
Updated 01/30/2015, 04:30 PM
Mexico stocks lower at close of trade

Investing.com – Mexico stocks were lower after the close on Friday, as losses in the Consumer Goods & Services, Consumer Staples and Industrials sectors led shares lower.

At the close in Mexico, the IPC fell 2.18% to hit a new 1-month low.

The best performers of the session on the IPC were Empresas ICA, S.A.B. De C.V. (MX:ICA), which rose 2.10% or 0.320 points to trade at 15.600 at the close. Meanwhile, Bolsa Mexicana De Valores SAB De CV (MX:BOLSAA) added 1.47% or 0.360 points to end at 24.740 and Industrias Penoles Sab De CV (MX:PENOLES) was up 0.16% or 0.460 points to 298.790 in late trade.

The worst performers of the session were Grupo Financiero Inbursa, SAB De CV (MX:GFINBURO), which fell 5.48% or 2.240 points to trade at 38.750 at the close. Cemex SAB de CV (MX:CMXCPO) declined 4.31% or 0.600 points to end at 13.310 and Alfa, S.A.B. De C.V. (MX:ALFAA) was down 3.78% or 1.080 points to 27.360.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 87 to 51 and 5 ended unchanged.

Shares in Cemex SAB de CV (MX:CMXCPO) fell to 52-week lows; losing 4.31% or 0.600 to 13.310. Shares in Alfa, S.A.B. De C.V. (MX:ALFAA) fell to 52-week lows; losing 3.78% or 1.080 to 27.360.

Gold for April delivery was up 2.33% or 29.30 to $1285.20 a troy ounce. Elsewhere in commodities trading, Crude Oil for delivery in March rose 7.39% or 3.29 to hit $47.82 a barrel, while the March Brent Oil contract rose 6.87% or 3.38 to trade at $52.51 a barrel.

USD/MXN was up 1.38% to 14.9988, while EUR/MXN rose 1.11% to 16.9340.

The US Dollar Index was up 0.06% at 95.02.

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