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Mexico stocks lower at close of trade; IPC down 0.34%

Published 02/24/2017, 05:29 PM
Updated 02/24/2017, 05:30 PM
Mexico stocks lower at close of trade; IPC down 0.34%

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

At the close in Mexico, the IPC lost 0.34%.

The best performers of the session on the IPC were Grupo LALA SA de CV (MX:LALAB), which rose 4.28% or 1.39 points to trade at 33.84 at the close. Meanwhile, Grupo Televisa SA (MX:TLVACPO) added 3.23% or 3.280 points to end at 104.690 and VOLARIS A (MX:VOLARA) was up 2.45% or 0.56 points to 23.40 in late trade.

The worst performers of the session were Gentera SAB de CV (MX:GENTERA), which fell 4.73% or 1.340 points to trade at 26.960 at the close. Ohl Mexico, S.A.B. De C.V. (MX:OHLMEX) declined 2.80% or 0.590 points to end at 20.470 and Gruma SAB de CV (MX:GRUMAB) was down 2.72% or 7.470 points to 267.060.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 127 to 117 and 17 ended unchanged.

Shares in Gentera SAB de CV (MX:GENTERA) fell to 52-week lows; down 4.73% or 1.340 to 26.960. Shares in Grupo Televisa SA (MX:TLVACPO) rose to 52-week highs; rising 3.23% or 3.280 to 104.690.

Gold Futures for April delivery was up 0.53% or 6.65 to $1258.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.83% or 0.45 to hit $54.00 a barrel, while the April Brent oil contract fell 1.01% or 0.57 to trade at $56.01 a barrel.

USD/MXN was up 1.31% to 19.9190, while EUR/MXN rose 1.07% to 21.0270.

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The US Dollar Index Futures was up 0.17% at 101.12.

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