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Mexico stocks lower at close of trade; S&P/BMV IPC down 0.39%

Published 09/17/2018, 04:29 PM
Updated 09/17/2018, 04:30 PM
© Reuters.  Mexico stocks lower at close of trade; S&P/BMV IPC down 0.39% – Mexico stocks were lower after the close on Monday, as losses in the Consumer Goods & Services, Industrials and Telecoms Services sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC fell 0.39%.

The best performers of the session on the S&P/BMV IPC were Megacable Holdings, S.A.B. De C.V. (MX:MEGACPO), which rose 3.24% or 2.970 points to trade at 94.510 at the close. Meanwhile, Industrias Penoles Sab De CV (MX:PENOLES) added 2.97% or 9.54 points to end at 330.27 and Becle SA (MX:CUERVO) was up 1.80% or 0.520 points to 29.350 in late trade.

The worst performers of the session were Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1), which fell 5.37% or 3.590 points to trade at 63.230 at the close. Alfa, S.A.B. De C.V. (MX:ALFAA) declined 2.69% or 0.680 points to end at 24.600 and Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA) was down 2.39% or 20.04 points to 820.17.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 186 to 97 and 19 ended unchanged.

Shares in Megacable Holdings, S.A.B. De C.V. (MX:MEGACPO) rose to all time highs; rising 3.24% or 2.970 to 94.510.

Gold Futures for December delivery was up 0.38% or 4.60 to $1205.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.36% or 0.25 to hit $68.52 a barrel, while the November Brent oil contract fell 0.23% or 0.18 to trade at $77.91 a barrel.

USD/MXN was down 0.17% to 18.8566, while EUR/MXN rose 0.33% to 22.0338.

The US Dollar Index Futures was down 0.45% at 94.08.

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