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Mexico stocks higher at close of trade; S&P/BMV IPC up 1.19%

Published 07/08/2024, 04:30 PM
© Reuters.  Mexico stocks higher at close of trade; S&P/BMV IPC up 1.19%
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Investing.com – Mexico stocks were higher after the close on Monday, as gains in the Industrials, Materials and Consumer Staples sectors led shares higher.

At the close in Mexico, the S&P/BMV IPC gained 1.19%.

The best performers of the session on the S&P/BMV IPC were Genomma Lab Internacional SAB De CV (BMV:LABB), which rose 5.69% or 0.96 points to trade at 17.84 at the close. Meanwhile, Megacable Holdings, S.A.B. De C.V. (BMV:MEGACPO) added 3.36% or 1.49 points to end at 45.85 and Alfa, S.A.B. De C.V. (BMV:ALFAA) was up 3.20% or 0.35 points to 11.30 in late trade.

The worst performers of the session were Grupo Financiero Banorte (BMV:GFNORTEO), which fell 0.66% or 0.98 points to trade at 147.24 at the close. Grupo Aeroportuario Del CentroNorte (BMV:OMAB) declined 0.38% or 0.57 points to end at 150.79 and Arca Continental , S.A.B. De C.V. (BMV:AC) was down 0.35% or 0.62 points to 176.37.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 107 to 102 and 15 ended unchanged.

Gold Futures for August delivery was down 1.32% or 31.55 to $2,366.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 1.07% or 0.89 to hit $82.27 a barrel, while the September Brent oil contract fell 0.98% or 0.85 to trade at $85.69 a barrel.

USD/MXN was down 0.52% to 18.00, while EUR/MXN fell 0.39% to 19.48.

The US Dollar Index Futures was up 0.13% at 104.68.

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