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Mexico stocks lower at close of trade; S&P/BMV IPC down 1.85%

Published 11/15/2018, 04:29 PM
Updated 11/15/2018, 04:30 PM
Mexico stocks lower at close of trade; S&P/BMV IPC down 1.85%

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

At the close in Mexico, the S&P/BMV IPC declined 1.85% to hit a new 52-week low.

The best performers of the session on the S&P/BMV IPC were Alpek, S.A.B. De C.V. (MX:ALPEKA), which rose 2.34% or 0.630 points to trade at 27.610 at the close. Meanwhile, Industrias Penoles Sab De CV (MX:PENOLES) added 2.09% or 5.07 points to end at 247.23 and Grupo Aeroportuario Del Sureste (MX:ASURB) was up 1.50% or 4.29 points to 290.95 in late trade.

The worst performers of the session were Gentera SAB de CV (MX:GENTERA), which fell 5.41% or 0.890 points to trade at 15.570 at the close. GMexico Transportes SA de CV (MX:GMXT) declined 5.10% or 1.350 points to end at 25.100 and Grupo Financiero Banorte (MX:GFNORTEO) was down 3.99% or 4.010 points to 96.470.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 184 to 104 and 10 ended unchanged.

Shares in GMexico Transportes SA de CV (MX:GMXT) fell to all time lows; falling 5.10% or 1.350 to 25.100. Shares in Grupo Financiero Banorte (MX:GFNORTEO) fell to 52-week lows; down 3.99% or 4.010 to 96.470.

Gold Futures for December delivery was up 1.23% or 14.80 to $1214.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.53% or 0.30 to hit $56.55 a barrel, while the January Brent oil contract rose 0.83% or 0.55 to trade at $66.67 a barrel.

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USD/MXN was down 0.87% to 20.2325, while EUR/MXN fell 0.69% to 22.9237.

The US Dollar Index Futures was up 0.26% at 96.91.

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