Mexico stocks lower at close of trade; S&P/BMV IPC down 0.25%

Mexico stocks lower at close of trade; S&P/BMV IPC down 0.25%

Sep 10, 2018

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

At the close in Mexico, the S&P/BMV IPC fell 0.25%.

The best performers of the session on the S&P/BMV IPC were Gentera SAB de CV (MX:GENTERA), which rose 5.41% or 0.980 points to trade at 19.080 at the close. Meanwhile, Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA) added 3.46% or 28.43 points to end at 849.38 and Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) was up 2.58% or 1.780 points to 70.660 in late trade.

The worst performers of the session were Grupo Financiero Santander Mexico SAB de CV Class B (MX:BSMXB), which fell 1.83% or 0.540 points to trade at 28.930 at the close. Industrias Penoles Sab De CV (MX:PENOLES) declined 1.73% or 5.61 points to end at 317.80 and Grupo Financiero Banorte (MX:GFNORTEO) was down 1.65% or 2.140 points to 127.920.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 150 to 125 and 12 ended unchanged.

Gold Futures for December delivery was up 0.05% or 0.60 to $1201.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 0.34% or 0.23 to hit $67.52 a barrel, while the November Brent oil contract fell 0.01% or 0.01 to trade at $77.34 a barrel.

USD/MXN was up 0.02% to 19.2743, while EUR/MXN rose 0.07% to 22.3601.

The US Dollar Index Futures was down 0.27% at 95.12.

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