Mexico stocks higher at close of trade; S&P/BMV IPC up 0.13%

Mexico stocks higher at close of trade; S&P/BMV IPC up 0.13%

Dec 28, 2018

Mexico stocks were higher after the close on Friday, as gains in the Telecoms Services, Financial Services and Industrials sectors led shares higher.

At the close in Mexico, the S&P/BMV IPC rose 0.13%.

The best performers of the session on the S&P/BMV IPC were Banco Del Bajio SA Institution De Banca Multiple (MX:BBAJIOO), which rose 2.54% or 0.950 points to trade at 38.370 at the close. Meanwhile, BanRegio Grupo Financiero SAB de CV (MX:RA) added 2.30% or 2.05 points to end at 91.02 and Megacable Holdings, S.A.B. De C.V. (MX:MEGACPO) was up 1.77% or 1.520 points to 87.520 in late trade.

The worst performers of the session were GMexico Transportes SA de CV (MX:GMXT), which fell 2.13% or 0.550 points to trade at 25.300 at the close. Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA) declined 0.99% or 0.390 points to end at 38.840 and Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) was down 0.66% or 0.270 points to 40.490.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 164 to 78 and 13 ended unchanged.

Gold Futures for February delivery was up 0.14% or 1.85 to $1282.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.05% or 0.47 to hit $45.08 a barrel, while the March Brent oil contract rose 0.44% or 0.23 to trade at $52.96 a barrel.

USD/MXN was down 0.03% to 19.6707, while EUR/MXN rose 0.10% to 22.5120.

The US Dollar Index Futures was down 0.10% at 95.905.

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