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Mexico stocks lower at close of trade; S&P/BMV IPC down 0.71%

Published 11/21/2018, 04:29 PM
Updated 11/21/2018, 04:30 PM
Mexico stocks lower at close of trade; S&P/BMV IPC down 0.71%

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

At the close in Mexico, the S&P/BMV IPC lost 0.71%.

The best performers of the session on the S&P/BMV IPC were Grupo Cementos De Chihuahua (MX:GCC), which rose 3.22% or 3.400 points to trade at 109.000 at the close. Meanwhile, Fomento Economico Mexicano UBD (MX:FMSAUBD) added 1.85% or 3.19 points to end at 175.80 and Becle SA (MX:CUERVO) was up 1.56% or 0.350 points to 22.780 in late trade.

The worst performers of the session were Industrias Penoles Sab De CV (MX:PENOLES), which fell 7.25% or 18.44 points to trade at 235.95 at the close. GMexico Transportes SA de CV (MX:GMXT) declined 5.93% or 1.440 points to end at 22.840 and Cemex SAB de CV (MX:CMXCPO) was down 5.49% or 0.545 points to 9.375.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 184 to 140 and 7 ended unchanged.

Shares in Industrias Penoles Sab De CV (MX:PENOLES) fell to 52-week lows; falling 7.25% or 18.44 to 235.95. Shares in GMexico Transportes SA de CV (MX:GMXT) fell to all time lows; losing 5.93% or 1.440 to 22.840. Shares in Cemex SAB de CV (MX:CMXCPO) fell to 52-week lows; down 5.49% or 0.545 to 9.375.

Gold Futures for December delivery was up 0.41% or 5.00 to $1226.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 2.00% or 1.07 to hit $54.50 a barrel, while the January Brent oil contract rose 1.39% or 0.87 to trade at $63.40 a barrel.

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USD/MXN was down 0.64% to 20.2407, while EUR/MXN fell 0.44% to 23.0473.

The US Dollar Index Futures was down 0.10% at 96.615.

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