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Mexico stocks lower at close of trade; S&P/BMV IPC down 0.50%

Published 07/10/2018, 04:29 PM
Updated 07/10/2018, 04:35 PM
Mexico stocks lower at close of trade; S&P/BMV IPC down 0.50%

Mexico stocks lower at close of trade; S&P/BMV IPC down 0.50%

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

At the close in Mexico, the S&P/BMV IPC declined 0.50%.

The best performers of the session on the S&P/BMV IPC were Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA), which rose 5.39% or 29.35 points to trade at 574.00 at the close. Meanwhile, Wal - Mart De Mexico, SAB De CV (MX:WALMEX) added 2.46% or 1.320 points to end at 55.000 and Grupo Televisa SAB Unit (MX:TLVACPO) was up 2.29% or 1.72 points to 76.95 in late trade.

The worst performers of the session were Grupo Financiero Banorte (MX:GFNORTEO), which fell 2.81% or 3.440 points to trade at 118.990 at the close. Alsea , S.A.B. De C.V. (MX:ALSEA) declined 2.46% or 1.720 points to end at 68.260 and Industrias Penoles Sab De CV (MX:PENOLES) was down 2.42% or 8.45 points to 340.15.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 172 to 118 and 7 ended unchanged.

Shares in Wal - Mart De Mexico, SAB De CV (MX:WALMEX) rose to all time highs; gaining 2.46% or 1.320 to 55.000.

Gold Futures for August delivery was down 0.25% or 3.20 to $1256.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.61% or 0.45 to hit $74.30 a barrel, while the September Brent oil contract rose 1.27% or 0.99 to trade at $79.06 a barrel.

USD/MXN was down 1.69% to 18.8869, while EUR/MXN fell 1.62% to 22.1864.

The US Dollar Index Futures was up 0.05% at 93.85.

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