Mexico stocks lower at close of trade; S&P/BMV IPC down 1.02%

Mexico stocks lower at close of trade; S&P/BMV IPC down 1.02%

Oct 02, 2018

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

At the close in Mexico, the S&P/BMV IPC fell 1.02%.

The best performers of the session on the S&P/BMV IPC were Genomma Lab Internacional SAB De CV (MX:LABB), which rose 3.13% or 0.500 points to trade at 16.450 at the close. Meanwhile, Coca Cola Femsa SAB De CV (MX:KOFL) added 2.60% or 3.00 points to end at 118.29 and Industrias Penoles Sab De CV (MX:PENOLES) was up 1.55% or 5.01 points to 327.61 in late trade.

The worst performers of the session were Grupo Financiero Banorte (MX:GFNORTEO), which fell 3.07% or 4.190 points to trade at 132.190 at the close. Wal - Mart De Mexico, SAB De CV (MX:WALMEX) declined 2.79% or 1.570 points to end at 54.710 and PINFRA SAB De CV (MX:PINFRA) was down 2.37% or 4.85 points to 199.97.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 159 to 144 and 17 ended unchanged.

Gold Futures for December delivery was up 1.31% or 15.60 to $1207.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.15% or 0.11 to hit $75.19 a barrel, while the December Brent oil contract fell 0.32% or 0.27 to trade at $84.71 a barrel.

USD/MXN was up 0.43% to 18.7963, while EUR/MXN rose 0.17% to 21.7112.

The US Dollar Index Futures was up 0.21% at 95.12.

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