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%

Dec 07, 2018

Mexico stocks were lower after the close on Friday, as losses in the Healthcare, Telecoms Services and Financial Services 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 LALA SA de CV (MX:LALAB), which rose 3.17% or 0.59 points to trade at 19.19 at the close. Meanwhile, Industrias Penoles Sab De CV (MX:PENOLES) added 2.89% or 6.97 points to end at 247.75 and Grupo Financiero Inbursa , SAB De CV (MX:GFINBURO) was up 2.80% or 0.760 points to 27.910 in late trade.

The worst performers of the session were BanRegio Grupo Financiero SAB de CV (MX:RA), which fell 5.55% or 5.23 points to trade at 89.00 at the close. Genomma Lab Internacional SAB De CV (MX:LABB) declined 4.57% or 0.580 points to end at 12.110 and PINFRA SAB De CV (MX:PINFRA) was down 2.75% or 5.12 points to 180.78.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 170 to 94 and 13 ended unchanged.

Gold Futures for February delivery was up 0.82% or 10.15 to $1253.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.50% or 0.77 to hit $52.26 a barrel, while the February Brent oil contract rose 2.20% or 1.32 to trade at $61.38 a barrel.

USD/MXN was down 0.40% to 20.2713, while EUR/MXN fell 0.09% to 23.1323.

The US Dollar Index Futures was down 0.20% at 96.572.

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