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Mexico stocks lower at close of trade; IPC down 0.84%

Published 09/14/2016, 04:29 PM
Updated 09/14/2016, 04:30 PM
Mexico stocks lower at close of trade; IPC down 0.84%

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

At the close in Mexico, the IPC lost 0.84% to hit a new 1-month low.

The best performers of the session on the IPC were VOLARIS A (MX:VOLARA), which rose 1.24% or 0.41 points to trade at 33.57 at the close. Meanwhile, Coca-Cola Femsa, S.A.B. De C.V. (MX:KOFL) added 1.11% or 1.550 points to end at 140.680 and El Puerto De Liverpool Sab De CV (MX:LIVEPOLC1) was up 0.78% or 1.580 points to 203.800 in late trade.

The worst performers of the session were Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA), which fell 3.30% or 1.730 points to trade at 50.770 at the close. Industrias Penoles Sab De CV (MX:PENOLES) declined 3.27% or 14.190 points to end at 419.220 and Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) was down 2.91% or 2.300 points to 76.620.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 81 to 78 and 11 ended unchanged.

Gold for December delivery was up 0.18% or 2.40 to $1326.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 2.69% or 1.21 to hit $43.69 a barrel, while the November Brent oil contract fell 2.31% or 1.09 to trade at $46.01 a barrel.

USD/MXN was up 1.01% to 19.2746, while EUR/MXN rose 1.28% to 21.6906.

The US Dollar Index was down 0.23% at 95.32.

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