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Mexico stocks lower at close of trade; IPC down 0.37%

Published 07/29/2016, 04:29 PM
Updated 07/29/2016, 04:30 PM
Mexico stocks lower at close of trade; IPC down 0.37%

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

At the close in Mexico, the IPC declined 0.37%.

The best performers of the session on the IPC were Telesites SAB de CV (MX:SITESB1), which rose 3.09% or 0.340 points to trade at 11.340 at the close. Meanwhile, Grupo Aeroportuario Del CentroNorte (MX:OMAB) added 2.92% or 3.310 points to end at 116.610 and Ohl Mexico, S.A.B. De C.V. (MX:OHLMEX) was up 2.87% or 0.710 points to 25.440 in late trade.

The worst performers of the session were VOLARIS A (MX:VOLARA), which fell 2.62% or 0.92 points to trade at 34.14 at the close. America Movil L , S.A.B. De C.V. (MX:AMXL) declined 2.44% or 0.270 points to end at 10.780 and Grupo Aeroportuario Del Pacifico (MX:GAPB) was down 2.15% or 4.050 points to 184.470.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 106 to 80 and 8 ended unchanged.

Shares in Grupo Aeroportuario Del CentroNorte (MX:OMAB) rose to all time highs; rising 2.92% or 3.310 to 116.610. Shares in America Movil L, S.A.B. De C.V. (MX:AMXL) fell to 5-year lows; down 2.44% or 0.270 to 10.780.

Gold for December delivery was up 1.29% or 17.25 to $1358.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.75% or 0.31 to hit $41.45 a barrel, while the October Brent oil contract rose 0.39% or 0.17 to trade at $43.40 a barrel.

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USD/MXN was down 0.73% to 18.7548, while EUR/MXN rose 0.17% to 20.9625.

The US Dollar Index was down 1.21% at 95.52.

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