Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Mexico stocks higher at close of trade; S&P/BMV IPC up 0.46%

Published 01/16/2019, 04:29 PM
Updated 01/16/2019, 04:30 PM
© Reuters.  Mexico stocks higher at close of trade; S&P/BMV IPC up 0.46%
LABB
-
MEGACPO
-
ORBIA
-
MXX
-
MXSE03
-
MXSE06
-
MXSE02
-
ALPEKA
-
LALAB
-
BBAJIOO
-

Investing.com – Mexico stocks were higher after the close on Wednesday, as gains in the Materials, Industrials and Healthcare sectors led shares higher.

At the close in Mexico, the S&P/BMV IPC gained 0.46% to hit a new 1-month high.

The best performers of the session on the S&P/BMV IPC were Mexichem , S.A.B. De C.V. (MX:MEXCHEM), which rose 3.62% or 1.670 points to trade at 47.810 at the close. Meanwhile, Genomma Lab Internacional SAB De CV (MX:LABB) added 3.03% or 0.370 points to end at 12.570 and Grupo LALA SA de CV (MX:LALAB) was up 2.67% or 0.61 points to 23.49 in late trade.

The worst performers of the session were Banco Del Bajio SA Institution De Banca Multiple (MX:BBAJIOO), which fell 2.24% or 0.930 points to trade at 40.550 at the close. Megacable Holdings, S.A.B. De C.V. (MX:MEGACPO) declined 1.69% or 1.500 points to end at 87.050 and Alpek, S.A.B. De C.V. (MX:ALPEKA) was down 1.43% or 0.380 points to 26.150.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 166 to 131 and 12 ended unchanged.

Gold Futures for February delivery was up 0.38% or 4.85 to $1293.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.44% or 0.23 to hit $52.34 a barrel, while the March Brent oil contract rose 1.15% or 0.70 to trade at $61.34 a barrel.

USD/MXN was down 0.48% to 18.8970, while EUR/MXN fell 0.63% to 21.5322.

The US Dollar Index Futures was up 0.07% at 95.743.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.