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Mexico stocks higher at close of trade; IPC up 1.01%

Published 01/04/2017, 05:29 PM
Updated 01/04/2017, 05:30 PM
Mexico stocks higher at close of trade; IPC up 1.01%

Mexico stocks higher at close of trade; IPC up 1.01%

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

At the close in Mexico, the IPC added 1.01%.

The best performers of the session on the IPC were Grupo Televisa SA (MX:TLVACPO), which rose 3.89% or 3.510 points to trade at 93.740 at the close. Meanwhile, Mexichem , S.A.B. De C.V. (MX:MEXCHEM) added 3.28% or 1.530 points to end at 48.230 and Grupo Financiero Santander Mexico (MX:SANMEXB) was up 3.20% or 0.980 points to 31.590 in late trade.

The worst performers of the session were Genomma Lab Internacional SAB De CV (MX:LABB), which fell 2.98% or 0.640 points to trade at 20.860 at the close. El Puerto De Liverpool Sab De CV (MX:LIVEPOLC1) declined 2.24% or 3.270 points to end at 142.820 and Alfa, S.A.B. De C.V. (MX:ALFAA) was down 1.40% or 0.360 points to 25.420.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 187 to 57 and 6 ended unchanged.

Shares in El Puerto De Liverpool Sab De CV (MX:LIVEPOLC1) fell to 52-week lows; falling 2.24% or 3.270 to 142.820.

Gold for February delivery was up 0.17% or 2.00 to $1164.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.99% or 1.04 to hit $53.37 a barrel, while the March Brent oil contract unchanged 0.00% or 0.00 to trade at $56.48 a barrel.

USD/MXN was up 0.01% to 21.4477, while EUR/MXN rose 0.02% to 22.4867.

The US Dollar Index was down 0.73% at 102.49.

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