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Mexico stocks lower at close of trade; S&P/BMV IPC down 0.91%

Published 05/09/2018, 04:29 PM
Updated 05/09/2018, 04:35 PM
Mexico stocks lower at close of trade; S&P/BMV IPC down 0.91%

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

At the close in Mexico, the S&P/BMV IPC lost 0.91% to hit a new 1-month low.

The best performers of the session on the S&P/BMV IPC were Grupo Televisa SAB Unit (MX:TLVACPO), which rose 3.25% or 2.28 points to trade at 72.33 at the close. Meanwhile, Industrias Penoles Sab De CV (MX:PENOLES) added 1.93% or 6.78 points to end at 357.49 and Grupo Aeroportuario Del CentroNorte (MX:OMAB) was up 0.84% or 0.830 points to 99.130 in late trade.

The worst performers of the session were Grupo Financiero Inbursa , SAB De CV (MX:GFINBURO), which fell 3.28% or 1.010 points to trade at 29.800 at the close. Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA) declined 2.99% or 1.220 points to end at 39.620 and Grupo LALA SA de CV (MX:LALAB) was down 2.53% or 0.56 points to 21.54.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 157 to 157 and 12 ended unchanged.

Shares in Grupo LALA SA de CV (MX:LALAB) fell to all time lows; falling 2.53% or 0.56 to 21.54.

Gold Futures for June delivery was down 0.08% or 1.10 to $1312.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 3.20% or 2.21 to hit $71.27 a barrel, while the July Brent oil contract rose 3.29% or 2.46 to trade at $77.31 a barrel.

USD/MXN was down 0.01% to 19.5718, while EUR/MXN fell 0.13% to 23.1934.

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The US Dollar Index Futures was up 0.01% at 92.95.

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