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Mexico stocks higher at close of trade; IPC up 0.49%

Published 07/14/2016, 04:29 PM
Updated 07/14/2016, 04:30 PM
Mexico stocks higher at close of trade; IPC up 0.49%
- – Mexico stocks were higher after the close on Thursday, as gains in the Telecoms Services, Financial Services and Industrials sectors led shares higher.

At the close in Mexico, the IPC gained 0.49% to hit a new all time high.

The best performers of the session on the IPC were Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA), which rose 4.36% or 2.490 points to trade at 59.630 at the close. Meanwhile, America Movil L , S.A.B. De C.V. (MX:AMXL) added 2.14% or 0.240 points to end at 11.430 and Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) was up 1.92% or 1.510 points to 80.230 in late trade.

The worst performers of the session were Empresas ICA , S.A.B. De C.V. (MX:ICA), which fell 2.41% or 0.070 points to trade at 2.830 at the close. Grupo LALA SA de CV (MX:LALAB) declined 2.01% or 0.84 points to end at 40.94 and La Comercial (MX:LCMRUBC) was down 1.30% or 0.23 points to 17.41.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 104 to 64 and 11 ended unchanged.

Gold for August delivery was down 0.71% or 9.60 to $1334.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 1.63% or 0.73 to hit $45.48 a barrel, while the September Brent oil contract rose 1.90% or 0.88 to trade at $47.14 a barrel.

USD/MXN was down 0.20% to 18.3305, while EUR/MXN rose 0.07% to 20.3806.

The US Dollar Index was down 0.27% at 96.10.

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