Mexico stocks higher at close of trade; S&P/BMV IPC up 0.50%

Mexico stocks higher at close of trade; S&P/BMV IPC up 0.50%

Oct 15, 2018

Mexico stocks were higher after the close on Monday, as gains in the Consumer Staples, Industrials and Materials sectors led shares higher.

At the close in Mexico, the S&P/BMV IPC gained 0.50%.

The best performers of the session on the S&P/BMV IPC were Gruma SAB de CV (MX:GRUMAB), which rose 3.19% or 7.18 points to trade at 232.45 at the close. Meanwhile, Alfa, S.A.B. De C.V. (MX:ALFAA) added 3.05% or 0.710 points to end at 23.990 and Alpek, S.A.B. De C.V. (MX:ALPEKA) was up 2.92% or 0.880 points to 30.990 in late trade.

The worst performers of the session were Grupo Cementos De Chihuahua (MX:GCC), which fell 1.83% or 2.100 points to trade at 112.480 at the close. Grupo LALA SA de CV (MX:LALAB) declined 1.46% or 0.29 points to end at 19.64 and Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA) was down 1.41% or 11.03 points to 772.81.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 156 to 132 and 11 ended unchanged.

Gold Futures for December delivery was up 0.70% or 8.50 to $1230.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.45% or 0.32 to hit $71.66 a barrel, while the December Brent oil contract rose 0.42% or 0.34 to trade at $80.77 a barrel.

USD/MXN was down 0.01% to 18.8563, while EUR/MXN rose 0.14% to 21.8331.

The US Dollar Index Futures was down 0.18% at 94.77.

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