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Mexico stocks higher at close of trade; IPC up 0.27%

Published 03/03/2017, 05:29 PM
Updated 03/03/2017, 05:30 PM
Mexico stocks higher at close of trade; IPC up 0.27%

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

At the close in Mexico, the IPC gained 0.27%.

The best performers of the session on the IPC were Mexichem , S.A.B. De C.V. (MX:MEXCHEM), which rose 4.51% or 2.210 points to trade at 51.160 at the close. Meanwhile, Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) added 2.72% or 2.330 points to end at 87.930 and Gruma SAB de CV (MX:GRUMAB) was up 2.50% or 6.510 points to 267.350 in late trade.

The worst performers of the session were Alpek, S.A.B. De C.V. (MX:ALPEKA), which fell 3.99% or 0.840 points to trade at 20.190 at the close. Infraestructura Energetica Nova SAB (MX:IENOVA) declined 1.58% or 1.38 points to end at 86.04 and Grupo Televisa SA (MX:TLVACPO) was down 1.33% or 1.360 points to 101.060.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 149 to 95 and 7 ended unchanged.

Shares in Alpek, S.A.B. De C.V. (MX:ALPEKA) fell to 52-week lows; down 3.99% or 0.840 to 20.190.

Gold Futures for April delivery was up 0.13% or 1.60 to $1234.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.18% or 0.62 to hit $53.23 a barrel, while the May Brent oil contract rose 1.31% or 0.72 to trade at $55.80 a barrel.

USD/MXN was down 2.40% to 19.5178, while EUR/MXN fell 1.33% to 20.7313.

The US Dollar Index Futures was down 0.79% at 101.35.

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