Mexico stocks higher at close of trade; S&P/BMV IPC up 1.58%

Mexico stocks higher at close of trade; S&P/BMV IPC up 1.58%

Aug 27, 2018

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

At the close in Mexico, the S&P/BMV IPC rose 1.58% to hit a new 6-months high.

The best performers of the session on the S&P/BMV IPC were Cemex SAB de CV (MX:CMXCPO), which rose 4.22% or 0.560 points to trade at 13.830 at the close. Meanwhile, GMexico Transportes SA de CV (MX:GMXT) added 3.93% or 1.210 points to end at 31.970 and Grupo Aeroportuario Del CentroNorte (MX:OMAB) was up 3.38% or 3.950 points to 120.940 in late trade.

The worst performers of the session were Gentera SAB de CV (MX:GENTERA), which fell 2.59% or 0.510 points to trade at 19.160 at the close. Mexichem , S.A.B. De C.V. (MX:MEXCHEM) declined 0.02% or 0.010 points to end at 64.490 and Kimberly - Clark De Mexico A (MX:KIMBERA) was up 0.06% or 0.020 points to 34.160.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 209 to 94 and 9 ended unchanged.

Shares in Grupo Aeroportuario Del CentroNorte (MX:OMAB) rose to all time highs; rising 3.38% or 3.950 to 120.940.

Gold Futures for December delivery was up 0.32% or 3.90 to $1217.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.32% or 0.22 to hit $68.94 a barrel, while the November Brent oil contract rose 0.64% or 0.49 to trade at $76.62 a barrel.

USD/MXN was down 0.80% to 18.7741, while EUR/MXN fell 0.25% to 21.9320.

The US Dollar Index Futures was down 0.44% at 94.66.

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