Mexico stocks higher at close of trade; S&P/BMV IPC up 1.55%

Mexico stocks higher at close of trade; S&P/BMV IPC up 1.55%

Jan 02, 2019

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

At the close in Mexico, the S&P/BMV IPC added 1.55% to hit a new 1-month high.

The best performers of the session on the S&P/BMV IPC were Grupo Aeroportuario Del CentroNorte (MX:OMAB), which rose 5.34% or 5.000 points to trade at 98.650 at the close. Meanwhile, Gentera SAB de CV (MX:GENTERA) added 4.28% or 0.620 points to end at 15.100 and Industrias Penoles Sab De CV (MX:PENOLES) was up 4.19% or 10.06 points to 250.00 in late trade.

The worst performers of the session were Infraestructura Energetica Nova SAB (MX:IENOVA), which fell 1.84% or 1.35 points to trade at 71.92 at the close. Wal - Mart De Mexico, SAB De CV (MX:WALMEX) declined 0.58% or 0.290 points to end at 49.680 and Gruma SAB de CV (MX:GRUMAB) was down 0.56% or 1.25 points to 221.45.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 186 to 62 and 11 ended unchanged.

Gold Futures for February delivery was up 0.30% or 3.85 to $1285.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 2.55% or 1.16 to hit $46.57 a barrel, while the March Brent oil contract rose 2.32% or 1.25 to trade at $55.05 a barrel.

USD/MXN was down 0.50% to 19.5439, while EUR/MXN fell 1.54% to 22.1676.

The US Dollar Index Futures was up 0.71% at 96.410.

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