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Mexico stocks higher at close of trade; IPC up 0.39%

Published 03/23/2017, 04:29 PM
Updated 03/23/2017, 04:30 PM
Mexico stocks higher at close of trade; IPC up 0.39%

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

At the close in Mexico, the IPC added 0.39% to hit a new 6-months high.

The best performers of the session on the IPC were Banregio Grupo Financiero SAB De CV (MX:GFREGIOO), which rose 3.12% or 3.36 points to trade at 110.92 at the close. Meanwhile, Grupo Financiero Inbursa , SAB De CV (MX:GFINBURO) added 2.78% or 0.840 points to end at 31.010 and Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA) was up 2.59% or 9.69 points to 384.04 in late trade.

The worst performers of the session were Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA), which fell 2.10% or 1.010 points to trade at 47.020 at the close. Alpek, S.A.B. De C.V. (MX:ALPEKA) declined 1.49% or 0.310 points to end at 20.430 and Grupo Televisa SA (MX:TLVACPO) was down 1.06% or 1.05 points to 97.85.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 157 to 120 and 9 ended unchanged.

Shares in Grupo Elektra, S.A.B. De C.V. (MX:ELEKTRA) rose to 52-week highs; up 2.59% or 9.69 to 384.04.

Gold Futures for April delivery was down 0.32% or 3.95 to $1245.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.71% or 0.34 to hit $47.70 a barrel, while the May Brent oil contract fell 0.22% or 0.11 to trade at $50.53 a barrel.

USD/MXN was down 0.52% to 18.9265, while EUR/MXN fell 0.57% to 20.4178.

The US Dollar Index Futures was up 0.06% at 99.54.

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