Mexico stocks higher at close of trade; S&P/BMV IPC up 0.24%

Mexico stocks higher at close of trade; S&P/BMV IPC up 0.24%

Aug 29, 2018

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

At the close in Mexico, the S&P/BMV IPC rose 0.24%.

The best performers of the session on the S&P/BMV IPC were Gentera SAB de CV (MX:GENTERA), which rose 3.29% or 0.630 points to trade at 19.770 at the close. Meanwhile, Megacable Holdings, S.A.B. De C.V. (MX:MEGACPO) added 2.50% or 2.180 points to end at 89.460 and El Puerto De Liverpool Sab De CV (MX:LIVEPOLC1) was up 2.27% or 3.08 points to 138.88 in late trade.

The worst performers of the session were Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA), which fell 5.04% or 46.32 points to trade at 872.68 at the close. Grupo Financiero Banorte (MX:GFNORTEO) declined 1.90% or 2.530 points to end at 130.700 and Infraestructura Energetica Nova SAB (MX:IENOVA) was down 1.40% or 1.26 points to 88.87.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 187 to 102 and 24 ended unchanged.

Gold Futures for December delivery was down 0.09% or 1.10 to $1213.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.74% or 1.19 to hit $69.72 a barrel, while the November Brent oil contract rose 1.86% or 1.42 to trade at $77.71 a barrel.

USD/MXN was down 0.58% to 18.9667, while EUR/MXN fell 0.48% to 22.2014.

The US Dollar Index Futures was down 0.17% at 94.47.

Join Libertex!

Practice for free on a demo account with 50,000 euro

Register
or start live trading now