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Mexico stocks lower at close of trade; IPC down 0.44%

Published 09/23/2015, 04:29 PM
Updated 09/23/2015, 04:30 PM
Mexico stocks lower at close of trade; IPC down 0.44%

Investing.com – Mexico stocks were lower after the close on Wednesday, as losses in the Materials, Telecoms Services and Industrials sectors led shares lower.

At the close in Mexico, the IPC lost 0.44%.

The best performers of the session on the IPC were Ohl Mexico, S.A.B. De C.V. (MX:OHLMEX), which rose 4.82% or 1.050 points to trade at 22.850 at the close. Meanwhile, Gruma, S.A.B. De C.V. (MX:GRUMAB) added 3.70% or 8.520 points to end at 238.940 and Genomma Lab Internacional SAB De CV (MX:LABB) was up 2.56% or 0.400 points to 16.000 in late trade.

The worst performers of the session were Industrias Penoles Sab De CV (MX:PENOLES), which fell 4.46% or 10.340 points to trade at 220.610 at the close. Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) declined 3.42% or 2.570 points to end at 72.790 and Cemex SAB de CV (MX:CMXCPO) was down 3.20% or 0.400 points to 12.070.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 72 to 71 and 6 ended unchanged.

Shares in Industrias Penoles Sab De CV (MX:PENOLES) fell to 5-year lows; falling 4.46% or 10.340 to 220.610. Shares in Gruma, S.A.B. De C.V. (MX:GRUMAB) rose to all time highs; gaining 3.70% or 8.520 to 238.940.

Gold for December delivery was up 0.44% or 5.00 to $1129.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 3.54% or 1.64 to hit $44.72 a barrel, while the November Brent oil contract fell 2.51% or 1.23 to trade at $47.85 a barrel.

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USD/MXN was up 1.35% to 17.1060, while EUR/MXN rose 1.75% to 19.1240.

The US Dollar Index was down 0.11% at 96.39.

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