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Mexico stocks higher at close of trade; IPC up 1.16%

Published 04/27/2016, 04:29 PM
Updated 04/27/2016, 04:30 PM
Mexico stocks higher at close of trade; IPC up 1.16%

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

At the close in Mexico, the IPC gained 1.16%.

The best performers of the session on the IPC were Wal - Mart De Mexico, SAB De CV (MX:WALMEX), which rose 7.98% or 3.180 points to trade at 43.060 at the close. Meanwhile, Grupo Simec, S.A.B. De C.V. (MX:SIMECB) added 3.69% or 1.960 points to end at 55.200 and El Puerto De Liverpool Sab De CV (MX:LIVEPOLC1) was up 3.52% or 6.590 points to 193.500 in late trade.

The worst performers of the session were Kimberly - Clark De Mexico A (MX:KIMBERA), which fell 3.04% or 1.310 points to trade at 41.900 at the close. Fomento Economico Mexicano UBD (MX:FMSAUBD) declined 1.66% or 2.680 points to end at 158.990 and Coca-Cola Femsa, S.A.B. De C.V. (MX:KOFL) was down 1.35% or 2.010 points to 147.040.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 105 to 46 and 11 ended unchanged.

Shares in Grupo Simec, S.A.B. De C.V. (MX:SIMECB) rose to 52-week highs; rising 3.69% or 1.960 to 55.200.

Gold for June delivery was up 0.37% or 4.55 to $1247.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.95% or 1.30 to hit $45.34 a barrel, while the July Brent oil contract rose 3.05% or 1.39 to trade at $46.97 a barrel.

USD/MXN was down 0.36% to 17.2993, while EUR/MXN fell 0.25% to 19.5805.

The US Dollar Index was down 0.01% at 94.44.

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