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Mexico stocks lower at close of trade; S&P/BMV IPC down 0.23%

Published 11/14/2018, 04:29 PM
Updated 11/14/2018, 04:30 PM
© Reuters.  Mexico stocks lower at close of trade; S&P/BMV IPC down 0.23%

Investing.com – Mexico stocks were lower after the close on Wednesday, as losses in the Telecoms Services, Industrials and Materials sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC lost 0.23% to hit a new 52-week low.

The best performers of the session on the S&P/BMV IPC were Grupo Financiero Banorte (MX:GFNORTEO), which rose 2.75% or 2.680 points to trade at 100.220 at the close. Meanwhile, Infraestructura Energetica Nova SAB (MX:IENOVA) added 2.72% or 2.01 points to end at 75.90 and Grupo Financiero Santander Mexico SAB de CV Class B (MX:BSMXB) was up 2.39% or 0.610 points to 26.180 in late trade.

The worst performers of the session were Grupo Aeroportuario Del CentroNorte (MX:OMAB), which fell 4.21% or 4.230 points to trade at 96.260 at the close. Grupo Aeroportuario Del Sureste (MX:ASURB) declined 3.57% or 10.62 points to end at 286.76 and Industrias Penoles Sab De CV (MX:PENOLES) was down 3.52% or 8.82 points to 242.04.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 185 to 128 and 12 ended unchanged.

Shares in Grupo Aeroportuario Del Sureste (MX:ASURB) fell to 52-week lows; losing 3.57% or 10.62 to 286.76. Shares in Industrias Penoles Sab De CV (MX:PENOLES) fell to 52-week lows; down 3.52% or 8.82 to 242.04.

Gold Futures for December delivery was up 1.06% or 12.70 to $1211.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.27% or 0.15 to hit $55.84 a barrel, while the January Brent oil contract rose 0.38% or 0.25 to trade at $65.72 a barrel.

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USD/MXN was down 0.50% to 20.3906, while EUR/MXN fell 0.32% to 23.0692.

The US Dollar Index Futures was down 0.31% at 96.84.

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