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Mexico stocks higher at close of trade; S&P/BMV IPC up 0.74%

Published 01/18/2019, 04:29 PM
Updated 01/18/2019, 04:30 PM
© Reuters.  Mexico stocks higher at close of trade; S&P/BMV IPC up 0.74%

© Reuters. Mexico stocks higher at close of trade; S&P/BMV IPC up 0.74%

Investing.com – Mexico stocks were higher after the close on Friday, as gains in the Financial Services, Materials and Telecoms Services sectors led shares higher.

At the close in Mexico, the S&P/BMV IPC gained 0.74% to hit a new 1-month high.

The best performers of the session on the S&P/BMV IPC were Cemex SAB de CV (MX:CMXCPO), which rose 2.79% or 0.290 points to trade at 10.690 at the close. Meanwhile, Grupo Financiero Banorte (MX:GFNORTEO) added 2.36% or 2.510 points to end at 108.880 and Grupo Aeroportuario del Pacifico SAB De CV Class B (MX:GAPB) was up 2.27% or 3.99 points to 179.46 in late trade.

The worst performers of the session were Gentera SAB de CV (MX:GENTERA), which fell 4.57% or 0.670 points to trade at 13.980 at the close. Alsea , S.A.B. De C.V. (MX:ALSEA) declined 2.94% or 1.570 points to end at 51.750 and GMexico Transportes SA de CV (MX:GMXT) was down 1.86% or 0.520 points to 27.490.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 218 to 92 and 10 ended unchanged.

Gold Futures for February delivery was down 0.91% or 11.75 to $1280.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 3.32% or 1.73 to hit $53.80 a barrel, while the March Brent oil contract rose 2.44% or 1.49 to trade at $62.67 a barrel.

USD/MXN was up 0.45% to 19.0960, while EUR/MXN rose 0.19% to 21.6999.

The US Dollar Index Futures was up 0.32% at 96.018.

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