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Mexico stocks lower at close of trade; IPC down 1.10%

Published 05/19/2016, 04:29 PM
Updated 05/19/2016, 04:30 PM
Mexico stocks lower at close of trade; IPC down 1.10%

Investing.com – Mexico stocks were lower after the close on Thursday, as losses in the Materials, Healthcare and Financial Services sectors led shares lower.

At the close in Mexico, the IPC lost 1.10% to hit a new 1-month low.

The best performers of the session on the IPC were PINFRA SAB De CV (MX:PINFRA), which rose 2.05% or 4.370 points to trade at 217.130 at the close. Meanwhile, Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) added 1.34% or 1.020 points to end at 77.070 and Banregio Grupo Financiero SAB De CV (MX:GFREGIOO) was up 0.86% or 0.890 points to 103.910 in late trade.

The worst performers of the session were Empresas ICA , S.A.B. De C.V. (MX:ICA), which fell 14.79% or 0.420 points to trade at 2.420 at the close. Industrias Penoles Sab De CV (MX:PENOLES) declined 9.33% or 29.380 points to end at 285.580 and Grupo Financiero Inbursa , SAB De CV (MX:GFINBURO) was down 2.58% or 0.840 points to 31.740.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 122 to 53 and 5 ended unchanged.

Gold for June delivery was down 1.49% or 19.05 to $1255.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.19% or 0.09 to hit $48.10 a barrel, while the July Brent oil contract fell 0.47% or 0.23 to trade at $48.70 a barrel.

USD/MXN was down 0.06% to 18.4308, while EUR/MXN fell 0.21% to 20.6424.

The US Dollar Index was up 0.12% at 95.31.

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