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Mexico stocks higher at close of trade; S&P/BMV IPC up 1.01%

Published 12/29/2017, 05:29 PM
Updated 12/29/2017, 05:35 PM
© Reuters.  Mexico stocks higher at close of trade; S&P/BMV IPC up 1.01%

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

At the close in Mexico, the S&P/BMV IPC added 1.01% to hit a new 1-month high.

The best performers of the session on the S&P/BMV IPC were Industrias Penoles Sab De CV (MX:PENOLES), which rose 3.91% or 15.41 points to trade at 409.65 at the close. Meanwhile, Grupo Financiero Santander Mexico SAB De CV (MX:SANMEXB) added 3.23% or 0.900 points to end at 28.730 and Arca Continental , S.A.B. De C.V. (MX:AC) was up 3.08% or 4.06 points to 135.93 in late trade.

The worst performers of the session were Megacable Holdings, S.A.B. De C.V. (MX:MEGACPO), which fell 2.68% or 2.200 points to trade at 80.000 at the close. Grupo Financiero Inbursa , SAB De CV (MX:GFINBURO) declined 1.17% or 0.380 points to end at 32.120 and Becle SA (MX:CUERVO) was down 0.72% or 0.230 points to 31.500.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 134 to 103 and 16 ended unchanged.

Gold Futures for February delivery was up 0.61% or 7.90 to $1305.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.47% or 0.28 to hit $60.12 a barrel, while the March Brent oil contract rose 0.71% or 0.47 to trade at $66.63 a barrel.

USD/MXN was down 0.20% to 19.6738, while EUR/MXN rose 0.27% to 23.6222.

The US Dollar Index Futures was down 0.38% at 91.99.

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