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Mexico stocks higher at close of trade; S&P/BMV IPC up 0.52%

Published 07/17/2018, 04:29 PM
Updated 07/17/2018, 04:35 PM
© Reuters.  Mexico stocks higher at close of trade; S&P/BMV IPC up 0.52%

Investing.com – Mexico stocks were higher after the close on Tuesday, as gains in the Materials, Industrials and Consumer Staples sectors led shares higher.

At the close in Mexico, the S&P/BMV IPC rose 0.52%.

The best performers of the session on the S&P/BMV IPC were Nemak SAB de CV (MX:NEMAKA), which rose 5.22% or 0.70 points to trade at 14.10 at the close. Meanwhile, Mexichem , S.A.B. De C.V. (MX:MEXCHEM) added 3.58% or 2.110 points to end at 61.000 and Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) was up 3.54% or 2.450 points to 71.610 in late trade.

The worst performers of the session were VOLARIS A (MX:VOLARA), which fell 2.59% or 0.31 points to trade at 11.64 at the close. Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA) declined 1.77% or 0.690 points to end at 38.290 and Alsea , S.A.B. De C.V. (MX:ALSEA) was down 1.67% or 1.110 points to 65.260.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 152 to 127 and 13 ended unchanged.

Shares in Mexichem, S.A.B. De C.V. (MX:MEXCHEM) rose to 3-years highs; rising 3.58% or 2.110 to 61.000.

Gold Futures for August delivery was down 0.94% or 11.70 to $1228.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.34% or 0.23 to hit $66.84 a barrel, while the September Brent oil contract fell 0.04% or 0.03 to trade at $71.81 a barrel.

USD/MXN was up 0.43% to 18.9002, while EUR/MXN rose 0.01% to 22.0440.

The US Dollar Index Futures was up 0.48% at 94.72.

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