Mexico stocks lower at close of trade; S&P/BMV IPC down 0.21%

Mexico stocks lower at close of trade; S&P/BMV IPC down 0.21%

Dec 24, 2018

Mexico stocks were lower after the close on Monday, as losses in the Telecoms Services, Financial Services and Consumer Staples sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC declined 0.21%.

The best performers of the session on the S&P/BMV IPC were El Puerto De Liverpool Sab De CV (MX:LIVEPOLC1), which rose 2.50% or 3.11 points to trade at 127.61 at the close. Meanwhile, Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA) added 2.10% or 19.63 points to end at 956.59 and GMexico Transportes SA de CV (MX:GMXT) was up 1.95% or 0.520 points to 27.250 in late trade.

The worst performers of the session were Gentera SAB de CV (MX:GENTERA), which fell 3.75% or 0.570 points to trade at 14.700 at the close. Grupo LALA SA de CV (MX:LALAB) declined 2.34% or 0.50 points to end at 20.95 and Grupo Televisa SAB Unit (MX:TLVACPO) was down 2.14% or 1.07 points to 48.99.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 113 to 92 and 7 ended unchanged.

Shares in Grupo Televisa SAB Unit (MX:TLVACPO) fell to 5-year lows; falling 2.14% or 1.07 to 48.99.

Gold Futures for February delivery was up 1.14% or 14.40 to $1272.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 6.34% or 2.89 to hit $42.70 a barrel, while the March Brent oil contract fell 6.23% or 3.37 to trade at $50.73 a barrel.

USD/MXN was down 0.29% to 19.8742, while EUR/MXN fell 0.05% to 22.6727.

The US Dollar Index Futures was down 0.46% at 96.010.

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