Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Mexico stocks lower at close of trade; S&P/BMV IPC down 1.36%

Published 05/17/2018, 04:29 PM
Updated 05/17/2018, 04:35 PM
Mexico stocks lower at close of trade; S&P/BMV IPC down 1.36%

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

At the close in Mexico, the S&P/BMV IPC lost 1.36%.

The best performers of the session on the S&P/BMV IPC were Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB), which rose 1.71% or 0.970 points to trade at 57.640 at the close. Meanwhile, GMexico Transportes SA de CV (MX:GMXT) added 0.58% or 0.160 points to end at 27.580 and Becle SA (MX:CUERVO) was up 0.25% or 0.080 points to 31.750 in late trade.

The worst performers of the session were Grupo Financiero Inbursa , SAB De CV (MX:GFINBURO), which fell 4.49% or 1.370 points to trade at 29.120 at the close. El Puerto De Liverpool Sab De CV (MX:LIVEPOLC1) declined 4.06% or 4.62 points to end at 109.21 and Arca Continental , S.A.B. De C.V. (MX:AC) was down 3.96% or 4.74 points to 115.10.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 159 to 117 and 14 ended unchanged.

Shares in El Puerto De Liverpool Sab De CV (MX:LIVEPOLC1) fell to 5-year lows; losing 4.06% or 4.62 to 109.21. Shares in Arca Continental, S.A.B. De C.V. (MX:AC) fell to 52-week lows; down 3.96% or 4.74 to 115.10.

Gold Futures for June delivery was down 0.09% or 1.10 to $1290.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.06% or 0.04 to hit $71.53 a barrel, while the July Brent oil contract rose 0.19% or 0.15 to trade at $79.43 a barrel.

USD/MXN was up 0.81% to 19.7253, while EUR/MXN rose 0.68% to 23.2679.

The US Dollar Index Futures was up 0.13% at 93.39.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.