Mexico stocks lower at close of trade; S&P/BMV IPC down 1.08%

Mexico stocks lower at close of trade; S&P/BMV IPC down 1.08%

Aug 16, 2018

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

At the close in Mexico, the S&P/BMV IPC lost 1.08% to hit a new 1-month low.

The best performers of the session on the S&P/BMV IPC were Grupo LALA SA de CV (MX:LALAB), which rose 2.56% or 0.50 points to trade at 20.00 at the close. Meanwhile, VOLARIS A (MX:VOLARA) added 2.04% or 0.27 points to end at 13.50 and Wal - Mart De Mexico, SAB De CV (MX:WALMEX) was up 1.55% or 0.810 points to 53.220 in late trade.

The worst performers of the session were Cemex SAB de CV (MX:CMXCPO), which fell 4.27% or 0.560 points to trade at 12.560 at the close. Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) declined 4.05% or 2.190 points to end at 51.900 and Grupo Aeroportuario Del CentroNorte (MX:OMAB) was down 3.55% or 4.200 points to 114.230.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 148 to 117 and 13 ended unchanged.

Gold Futures for December delivery was down 0.35% or 4.20 to $1180.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.71% or 0.46 to hit $65.47 a barrel, while the October Brent oil contract rose 0.85% or 0.60 to trade at $71.36 a barrel.

USD/MXN was down 0.80% to 18.9787, while EUR/MXN fell 0.57% to 21.5915.

The US Dollar Index Futures was down 0.12% at 96.47.

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