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Mexico stocks higher at close of trade; IPC up 0.41%

Published 07/14/2017, 04:29 PM
Updated 07/14/2017, 04:30 PM
Mexico stocks higher at close of trade; IPC up 0.41%

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

At the close in Mexico, the IPC rose 0.41% to hit a new all time high.

The best performers of the session on the IPC were Industrias Penoles Sab De CV (MX:PENOLES), which rose 2.68% or 11.15 points to trade at 427.41 at the close. Meanwhile, Grupo LALA SA de CV (MX:LALAB) added 1.90% or 0.68 points to end at 36.55 and Fomento Economico Mexicano UBD (MX:FMSAUBD) was up 1.89% or 3.36 points to 181.28 in late trade.

The worst performers of the session were Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA), which fell 4.72% or 39.23 points to trade at 791.50 at the close. PINFRA SAB De CV (MX:PINFRA) declined 1.90% or 3.99 points to end at 206.40 and Grupo Televisa SAB Unit (MX:TLVACPO) was down 1.25% or 1.16 points to 91.73.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 119 to 85 and 8 ended unchanged.

Gold Futures for August delivery was up 0.91% or 11.03 to $1228.33 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.17% or 0.54 to hit $46.62 a barrel, while the September Brent oil contract rose 1.24% or 0.60 to trade at $49.02 a barrel.

USD/MXN was down 0.71% to 17.5575, while EUR/MXN fell 0.08% to 20.1406.

The US Dollar Index Futures was down 0.71% at 94.88.

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