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Mexico stocks higher at close of trade; IPC up 1.23%

Published 03/16/2017, 06:29 PM
Updated 03/16/2017, 06:30 PM
Mexico stocks higher at close of trade; IPC up 1.23%

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

At the close in Mexico, the IPC added 1.23% to hit a new 1-month high.

The best performers of the session on the IPC were El Puerto De Liverpool Sab De CV (MX:LIVEPOLC1), which rose 2.63% or 3.71 points to trade at 144.80 at the close. Meanwhile, Grupo Financiero Santander Mexico (MX:SANMEXB) added 2.41% or 0.740 points to end at 31.460 and Wal - Mart De Mexico, SAB De CV (MX:WALMEX) was up 2.34% or 0.930 points to 40.590 in late trade.

The worst performers of the session were Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1), which fell 1.66% or 1.480 points to trade at 87.610 at the close. Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) declined 1.35% or 0.810 points to end at 59.180 and Arca Continental , S.A.B. De C.V. (MX:AC) was down 1.20% or 1.48 points to 121.64.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 130 to 109 and 14 ended unchanged.

Gold Futures for April delivery was up 0.07% or 0.90 to $1227.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 0.02% or 0.01 to hit $48.77 a barrel, while the May Brent oil contract rose 0.02% or 0.01 to trade at $51.73 a barrel.

USD/MXN was down 0.03% to 19.2539, while EUR/MXN fell 0.03% to 20.7356.

The US Dollar Index Futures was down 0.27% at 100.09.

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