Mexico stocks lower at close of trade; S&P/BMV IPC down 0.68%

Mexico stocks lower at close of trade; S&P/BMV IPC down 0.68%

Jan 03, 2019

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

At the close in Mexico, the S&P/BMV IPC declined 0.68%.

The best performers of the session on the S&P/BMV IPC were Genomma Lab Internacional SAB De CV (MX:LABB), which rose 5.92% or 0.710 points to trade at 12.700 at the close. Meanwhile, GMexico Transportes SA de CV (MX:GMXT) added 3.49% or 0.900 points to end at 26.700 and Industrias Penoles Sab De CV (MX:PENOLES) was up 2.21% or 5.50 points to 254.41 in late trade.

The worst performers of the session were Mexichem , S.A.B. De C.V. (MX:MEXCHEM), which fell 3.58% or 1.790 points to trade at 48.270 at the close. Grupo Televisa SAB Unit (MX:TLVACPO) declined 2.90% or 1.44 points to end at 48.28 and Banco Del Bajio SA Institution De Banca Multiple (MX:BBAJIOO) was down 2.27% or 0.870 points to 37.440.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 153 to 88 and 12 ended unchanged.

Shares in Grupo Televisa SAB Unit (MX:TLVACPO) fell to 5-year lows; falling 2.90% or 1.44 to 48.28.

Gold Futures for February delivery was up 0.93% or 11.90 to $1296.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.05% or 0.49 to hit $47.03 a barrel, while the March Brent oil contract rose 1.62% or 0.89 to trade at $55.80 a barrel.

USD/MXN was up 0.38% to 19.6367, while EUR/MXN rose 0.88% to 22.3838.

The US Dollar Index Futures was down 0.64% at 95.808.

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