Mexico stocks higher at close of trade; S&P/BMV IPC up 0.52%

Mexico stocks higher at close of trade; S&P/BMV IPC up 0.52%

Jul 17, 2018

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

At the close in Mexico, the S&P/BMV IPC rose 0.52%.

The best performers of the session on the S&P/BMV IPC were Nemak SAB de CV (MX:NEMAKA), which rose 5.22% or 0.70 points to trade at 14.10 at the close. Meanwhile, Mexichem , S.A.B. De C.V. (MX:MEXCHEM) added 3.58% or 2.110 points to end at 61.000 and Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) was up 3.54% or 2.450 points to 71.610 in late trade.

The worst performers of the session were VOLARIS A (MX:VOLARA), which fell 2.59% or 0.31 points to trade at 11.64 at the close. Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA) declined 1.77% or 0.690 points to end at 38.290 and Alsea , S.A.B. De C.V. (MX:ALSEA) was down 1.67% or 1.110 points to 65.260.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 152 to 127 and 13 ended unchanged.

Shares in Mexichem, S.A.B. De C.V. (MX:MEXCHEM) rose to 3-years highs; rising 3.58% or 2.110 to 61.000.

Gold Futures for August delivery was down 0.94% or 11.70 to $1228.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.34% or 0.23 to hit $66.84 a barrel, while the September Brent oil contract fell 0.04% or 0.03 to trade at $71.81 a barrel.

USD/MXN was up 0.43% to 18.9002, while EUR/MXN rose 0.01% to 22.0440.

The US Dollar Index Futures was up 0.48% at 94.72.

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