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Mexico stocks lower at close of trade; IPC down 0.36%

Published 08/16/2017, 04:29 PM
Updated 08/16/2017, 04:35 PM
Mexico stocks lower at close of trade; IPC down 0.36%

Investing.com – Mexico stocks were lower after the close on Wednesday, as losses in the Financial Services, Consumer Goods & Services and Consumer Staples sectors led shares lower.

At the close in Mexico, the IPC declined 0.36%.

The best performers of the session on the IPC were Alfa, S.A.B. De C.V. (MX:ALFAA), which rose 2.98% or 0.710 points to trade at 24.520 at the close. Meanwhile, Genomma Lab Internacional SAB De CV (MX:LABB) added 2.38% or 0.540 points to end at 23.240 and Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) was up 1.82% or 1.030 points to 57.720 in late trade.

The worst performers of the session were Grupo Financiero Banorte (MX:GFNORTEO), which fell 2.75% or 3.420 points to trade at 121.120 at the close. Alpek, S.A.B. De C.V. (MX:ALPEKA) declined 1.81% or 0.370 points to end at 20.040 and Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA) was down 1.53% or 0.670 points to 43.140.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 139 to 105 and 15 ended unchanged.

Gold Futures for December delivery was up 0.63% or 8.11 to $1287.81 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.58% or 0.75 to hit $46.80 a barrel, while the October Brent oil contract fell 0.91% or 0.46 to trade at $50.34 a barrel.

USD/MXN was down 0.72% to 17.6773, while EUR/MXN fell 0.46% to 20.8015.

The US Dollar Index Futures was down 0.36% at 93.41.

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