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 21, 2019

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

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

The best performers of the session on the S&P/BMV IPC were BanRegio Grupo Financiero SAB de CV (MX:RA), which rose 4.49% or 4.31 points to trade at 100.40 at the close. Meanwhile, Mexichem , S.A.B. De C.V. (MX:MEXCHEM) added 2.33% or 1.100 points to end at 48.370 and Megacable Holdings, S.A.B. De C.V. (MX:MEGACPO) was up 1.69% or 1.470 points to 88.460 in late trade.

The worst performers of the session were PINFRA SAB De CV (MX:PINFRA), which fell 2.86% or 5.51 points to trade at 186.86 at the close. Gruma SAB de CV (MX:GRUMAB) declined 2.63% or 6.05 points to end at 224.10 and Grupo Aeroportuario del Pacifico SAB De CV Class B (MX:GAPB) was down 2.59% or 4.66 points to 175.20.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 81 to 76 and 18 ended unchanged.

Gold Futures for February delivery was down 0.23% or 2.90 to $1279.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.06% or 0.03 to hit $54.22 a barrel, while the March Brent oil contract rose 0.21% or 0.13 to trade at $62.83 a barrel.

USD/MXN was up 0.47% to 19.1665, while EUR/MXN rose 0.47% to 21.7914.

The US Dollar Index Futures was down 0.00% at 95.990.

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