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Mexico stocks lower at close of trade; IPC down 0.48%

Published 09/07/2016, 04:29 PM
Updated 09/07/2016, 04:30 PM
Mexico stocks lower at close of trade; IPC down 0.48%
OMAB
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RA
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GFNORTEO
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KIMBERA
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PEOLES
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MXX
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MXSE03
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MXSE05
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MXSE02
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LALAB
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Investing.com – Mexico stocks were lower after the close on Wednesday, as losses in the Consumer Staples, Materials and Industrials sectors led shares lower.

At the close in Mexico, the IPC fell 0.48%.

The best performers of the session on the IPC were Banregio Grupo Financiero SAB De CV (MX:GFREGIOO), which rose 2.11% or 2.330 points to trade at 112.980 at the close. Meanwhile, Grupo Aeroportuario Del CentroNorte (MX:OMAB) added 2.04% or 2.400 points to end at 120.260 and Grupo Financiero Banorte (MX:GFNORTEO) was up 1.38% or 1.460 points to 107.560 in late trade.

The worst performers of the session were Industrias Penoles Sab De CV (MX:PENOLES), which fell 3.15% or 14.400 points to trade at 442.790 at the close. Grupo LALA SA de CV (MX:LALAB) declined 2.28% or 0.89 points to end at 38.19 and Kimberly - Clark De Mexico A (MX:KIMBERA) was down 2.27% or 1.050 points to 45.290.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 94 to 78 and 8 ended unchanged.

Shares in Grupo Aeroportuario Del CentroNorte (MX:OMAB) rose to all time highs; up 2.04% or 2.400 to 120.260. Shares in Grupo LALA SA de CV (MX:LALAB) fell to 52-week lows; down 2.28% or 0.89 to 38.19.

Gold for December delivery was down 0.35% or 4.75 to $1349.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.43% or 0.64 to hit $45.47 a barrel, while the November Brent oil contract rose 2.12% or 1.00 to trade at $48.26 a barrel.

USD/MXN was up 0.73% to 18.4082, while EUR/MXN rose 0.61% to 20.6912.

The US Dollar Index was up 0.18% at 94.97.

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