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Mexico stocks higher at close of trade; S&P/BMV IPC up 0.61%

Published 07/18/2018, 04:29 PM
Updated 07/18/2018, 04:35 PM
© Reuters.  Mexico stocks higher at close of trade; S&P/BMV IPC up 0.61%

Investing.com – Mexico stocks were higher after the close on Wednesday, as gains in the Consumer Goods & Services, Consumer Staples and Materials sectors led shares higher.

At the close in Mexico, the S&P/BMV IPC gained 0.61%.

The best performers of the session on the S&P/BMV IPC were Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA), which rose 5.22% or 30.98 points to trade at 625.00 at the close. Meanwhile, Cemex SAB de CV (MX:CMXCPO) added 1.99% or 0.250 points to end at 12.830 and Grupo Financiero Banorte (MX:GFNORTEO) was up 1.83% or 2.240 points to 124.490 in late trade.

The worst performers of the session were Industrias Penoles Sab De CV (MX:PENOLES), which fell 2.29% or 7.54 points to trade at 321.78 at the close. Becle SA (MX:CUERVO) declined 2.25% or 0.640 points to end at 27.850 and BanRegio Grupo Financiero SAB de CV (MX:RA) was down 1.85% or 2.13 points to 113.01.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 172 to 133 and 15 ended unchanged.

Shares in Industrias Penoles Sab De CV (MX:PENOLES) fell to 52-week lows; down 2.29% or 7.54 to 321.78. Shares in Becle SA (MX:CUERVO) fell to all time lows; losing 2.25% or 0.640 to 27.850.

Gold Futures for August delivery was up 0.01% or 0.10 to $1227.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 1.04% or 0.70 to hit $67.86 a barrel, while the September Brent oil contract rose 1.09% or 0.79 to trade at $72.95 a barrel.

USD/MXN was up 0.04% to 18.9012, while EUR/MXN fell 0.14% to 22.0046.

The US Dollar Index Futures was up 0.12% at 94.84.

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