Mexico stocks lower at close of trade; S&P/BMV IPC down 0.34%

Mexico stocks lower at close of trade; S&P/BMV IPC down 0.34%

Aug 23, 2018

Mexico stocks were lower after the close on Thursday, as losses in the Telecoms Services, Healthcare and Industrials sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC fell 0.34%.

The best performers of the session on the S&P/BMV IPC were Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA), which rose 2.11% or 19.60 points to trade at 949.98 at the close. Meanwhile, Mexichem , S.A.B. De C.V. (MX:MEXCHEM) added 1.64% or 1.030 points to end at 63.900 and BanRegio Grupo Financiero SAB de CV (MX:RA) was up 1.37% or 1.58 points to 117.20 in late trade.

The worst performers of the session were America Movil SAB de CV (MX:AMXL), which fell 2.56% or 0.420 points to trade at 16.000 at the close. Alpek, S.A.B. De C.V. (MX:ALPEKA) declined 2.14% or 0.640 points to end at 29.240 and VOLARIS A (MX:VOLARA) was down 1.93% or 0.27 points to 13.74.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 136 to 128 and 20 ended unchanged.

Shares in Grupo Elektra, S.A.B. De C.V. (MX:ELEKTRA) rose to 5-year highs; gaining 2.11% or 19.60 to 949.98.

Gold Futures for December delivery was down 0.96% or 11.50 to $1191.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.07% or 0.05 to hit $67.91 a barrel, while the October Brent oil contract unchanged 0.00% or 0.00 to trade at $74.78 a barrel.

USD/MXN was up 1.23% to 18.9582, while EUR/MXN rose 0.77% to 21.8829.

The US Dollar Index Futures was up 0.56% at 95.53.

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