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Mexico stocks lower at close of trade; S&P/BMV IPC down 0.56%

Published 05/15/2018, 04:29 PM
Updated 05/15/2018, 04:35 PM
© Reuters.  Mexico stocks lower at close of trade; S&P/BMV IPC down 0.56%

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

At the close in Mexico, the S&P/BMV IPC declined 0.56%.

The best performers of the session on the S&P/BMV IPC were Grupo LALA SA de CV (MX:LALAB), which rose 4.39% or 0.89 points to trade at 21.16 at the close. Meanwhile, Alpek, S.A.B. De C.V. (MX:ALPEKA) added 1.87% or 0.500 points to end at 27.180 and Grupo Aeroportuario Del Sureste (MX:ASURB) was up 1.59% or 5.28 points to 337.51 in late trade.

The worst performers of the session were GMexico Transportes SA de CV (MX:GMXT), which fell 3.83% or 1.090 points to trade at 27.390 at the close. Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA) declined 2.81% or 14.72 points to end at 510.00 and Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) was down 2.58% or 1.470 points to 55.400.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 188 to 162 and 17 ended unchanged.

Shares in GMexico Transportes SA de CV (MX:GMXT) fell to all time lows; losing 3.83% or 1.090 to 27.390. Shares in Grupo Elektra, S.A.B. De C.V. (MX:ELEKTRA) fell to 52-week lows; falling 2.81% or 14.72 to 510.00.

Gold Futures for June delivery was down 2.02% or 26.60 to $1291.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.07% or 0.05 to hit $70.91 a barrel, while the July Brent oil contract fell 0.28% or 0.22 to trade at $78.01 a barrel.

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USD/MXN was up 0.31% to 19.6848, while EUR/MXN fell 0.39% to 23.3143.

The US Dollar Index Futures was up 0.59% at 93.10.

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