Mexico stocks lower at close of trade; S&P/BMV IPC down 1.33%

Mexico stocks lower at close of trade; S&P/BMV IPC down 1.33%

Nov 20, 2018

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

At the close in Mexico, the S&P/BMV IPC fell 1.33%.

The best performers of the session on the S&P/BMV IPC were Alsea , S.A.B. De C.V. (MX:ALSEA), which rose 2.08% or 0.990 points to trade at 48.540 at the close. Meanwhile, Wal - Mart De Mexico, SAB De CV (MX:WALMEX) added 1.57% or 0.780 points to end at 50.550 and Arca Continental , S.A.B. De C.V. (MX:AC) was up 1.08% or 1.14 points to 106.23 in late trade.

The worst performers of the session were Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB), which fell 5.38% or 2.370 points to trade at 41.650 at the close. Industrias Penoles Sab De CV (MX:PENOLES) declined 4.73% or 12.63 points to end at 254.39 and Genomma Lab Internacional SAB De CV (MX:LABB) was down 4.38% or 0.560 points to 12.220.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 221 to 63 and 13 ended unchanged.

Shares in Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) fell to 52-week lows; falling 5.38% or 2.370 to 41.650.

Gold Futures for December delivery was down 0.26% or 3.20 to $1222.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 6.68% or 3.82 to hit $53.38 a barrel, while the January Brent oil contract fell 6.50% or 4.34 to trade at $62.45 a barrel.

USD/MXN was up 0.06% to 20.3841, while EUR/MXN fell 0.70% to 23.1770.

The US Dollar Index Futures was up 0.66% at 96.70.

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