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Mexico stocks higher at close of trade; IPC up 0.28%

Published 01/05/2017, 05:29 PM
Updated 01/05/2017, 05:30 PM
Mexico stocks higher at close of trade; IPC up 0.28%

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

At the close in Mexico, the IPC added 0.28%.

The best performers of the session on the IPC were Industrias Penoles Sab De CV (MX:PENOLES), which rose 6.91% or 28.320 points to trade at 437.940 at the close. Meanwhile, Mexichem , S.A.B. De C.V. (MX:MEXCHEM) added 5.81% or 2.800 points to end at 51.030 and Gruma SAB de CV (MX:GRUMAB) was up 3.26% or 8.670 points to 274.410 in late trade.

The worst performers of the session were Ohl Mexico, S.A.B. De C.V. (MX:OHLMEX), which fell 2.68% or 0.570 points to trade at 20.680 at the close. Kimberly - Clark De Mexico A (MX:KIMBERA) declined 2.54% or 0.920 points to end at 35.370 and America Movil L , S.A.B. De C.V. (MX:AMXL) was down 1.68% or 0.230 points to 13.480.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 190 to 102 and 6 ended unchanged.

Shares in Mexichem, S.A.B. De C.V. (MX:MEXCHEM) rose to 52-week highs; rising 5.81% or 2.800 to 51.030.

Gold for February delivery was up 1.34% or 15.65 to $1180.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.98% or 0.52 to hit $53.78 a barrel, while the March Brent oil contract rose 0.02% or 0.01 to trade at $56.92 a barrel.

USD/MXN was up 0.07% to 21.4396, while EUR/MXN rose 0.05% to 22.7325.

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The US Dollar Index was down 1.07% at 101.39.

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