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Mexico stocks lower at close of trade; IPC down 1.85%

Published 09/01/2015, 04:29 PM
Updated 09/01/2015, 04:30 PM
Mexico stocks lower at close of trade; IPC down 1.85%

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

At the close in Mexico, the IPC fell 1.85%.

The best performers of the session on the IPC were Banregio Grupo Financiero SAB De CV (MX:GFREGIOO), which rose 2.79% or 2.450 points to trade at 90.990 at the close. Meanwhile, Wal - Mart De Mexico, SAB De CV (MX:WALMEX) added 0.77% or 0.310 points to end at 40.320 and PINFRA SAB De CV (MX:PINFRA) was up 0.59% or 1.040 points to 177.230 in late trade.

The worst performers of the session were Empresas ICA , S.A.B. De C.V. (MX:ICA), which fell 7.25% or 0.480 points to trade at 6.180 at the close. Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) declined 6.06% or 4.610 points to end at 71.500 and Cemex SAB de CV (MX:CMXCPO) was down 5.48% or 0.720 points to 12.420.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 93 to 49 and 7 ended unchanged.

Shares in Empresas ICA, S.A.B. De C.V. (MX:ICA) fell to 5-year lows; losing 7.25% or 0.480 to 6.180.

Gold for December delivery was up 0.63% or 7.10 to $1139.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 8.62% or 4.24 to hit $44.96 a barrel, while the October Brent oil contract fell 9.17% or 4.96 to trade at $49.17 a barrel.

USD/MXN was up 1.30% to 16.9672, while EUR/MXN rose 2.11% to 19.1746.

The US Dollar Index was down 0.59% at 95.39.

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