Mexico stocks lower at close of trade; S&P/BMV IPC down 0.78%

Mexico stocks lower at close of trade; S&P/BMV IPC down 0.78%

Oct 03, 2018

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

At the close in Mexico, the S&P/BMV IPC fell 0.78%.

The best performers of the session on the S&P/BMV IPC were Alpek, S.A.B. De C.V. (MX:ALPEKA), which rose 2.63% or 0.800 points to trade at 31.230 at the close. Meanwhile, Alfa, S.A.B. De C.V. (MX:ALFAA) added 1.93% or 0.460 points to end at 24.340 and Wal - Mart De Mexico, SAB De CV (MX:WALMEX) was up 1.63% or 0.890 points to 55.610 in late trade.

The worst performers of the session were Grupo LALA SA de CV (MX:LALAB), which fell 5.25% or 1.14 points to trade at 20.57 at the close. Kimberly - Clark De Mexico A (MX:KIMBERA) declined 3.95% or 1.330 points to end at 32.340 and America Movil SAB de CV (MX:AMXL) was down 3.43% or 0.520 points to 14.640.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 172 to 130 and 11 ended unchanged.

Shares in America Movil SAB de CV (MX:AMXL) fell to 52-week lows; down 3.43% or 0.520 to 14.640.

Gold Futures for December delivery was down 0.38% or 4.60 to $1202.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.32% or 0.99 to hit $76.22 a barrel, while the December Brent oil contract rose 1.46% or 1.24 to trade at $86.04 a barrel.

USD/MXN was up 1.01% to 18.9838, while EUR/MXN rose 0.63% to 21.8390.

The US Dollar Index Futures was up 0.39% at 95.50.

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