Mexico stocks higher at close of trade; S&P/BMV IPC up 0.97%

Mexico stocks higher at close of trade; S&P/BMV IPC up 0.97%

Oct 16, 2018

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

At the close in Mexico, the S&P/BMV IPC gained 0.97%.

The best performers of the session on the S&P/BMV IPC were Becle SA (MX:CUERVO), which rose 3.23% or 0.950 points to trade at 30.320 at the close. Meanwhile, Grupo Aeroportuario del Pacifico SAB De CV Class B (MX:GAPB) added 2.52% or 4.81 points to end at 195.82 and Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA) was up 2.46% or 0.920 points to 38.260 in late trade.

The worst performers of the session were Infraestructura Energetica Nova SAB (MX:IENOVA), which fell 2.46% or 2.25 points to trade at 89.20 at the close. Gruma SAB de CV (MX:GRUMAB) declined 1.41% or 3.29 points to end at 230.01 and Banco Del Bajio SA Institution De Banca Multiple (MX:BBAJIOO) was down 0.85% or 0.400 points to 46.580.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 168 to 109 and 8 ended unchanged.

Gold Futures for December delivery was down 0.20% or 2.40 to $1227.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.54% or 0.39 to hit $72.17 a barrel, while the December Brent oil contract rose 1.00% or 0.81 to trade at $81.59 a barrel.

USD/MXN was down 0.45% to 18.7576, while EUR/MXN fell 0.48% to 21.7126.

The US Dollar Index Futures was up 0.01% at 94.78.

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