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Mexico stocks lower at close of trade; S&P/BMV IPC down 1.11%

Published 07/15/2024, 04:30 PM
Updated 07/15/2024, 04:31 PM
© Reuters.  Mexico stocks lower at close of trade; S&P/BMV IPC down 1.11%
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Investing.com – Mexico stocks were lower after the close on Monday, as losses in the Financial Services, Materials and Industrials sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC fell 1.11%.

The best performers of the session on the S&P/BMV IPC were Grupo Comercial Chedraui, SAB De CV (BMV:CHDRAUIB), which rose 1.72% or 2.33 points to trade at 137.70 at the close. Meanwhile, Controladora Vuela Compania de Aviacion SAB de CV (BMV:VOLARA) added 1.63% or 0.19 points to end at 11.82 and Bolsa Mexicana De Valores SAB De CV (BMV:BOLSAA) was up 0.38% or 0.12 points to 31.92 in late trade.

The worst performers of the session were Banco Del Bajio SA Institution De Banca Multiple (BMV:BBAJIOO), which fell 3.29% or 1.93 points to trade at 56.73 at the close. Qualitas Controladora, SAB De CV (BMV:Q) declined 3.13% or 5.50 points to end at 170.00 and Grupo Financiero Inbursa , SAB De CV (BMV:GFINBURO) was down 3.10% or 1.41 points to 44.10.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 118 to 116 and 13 ended unchanged.

Shares in Grupo Comercial Chedraui, SAB De CV (BMV:CHDRAUIB) rose to all time highs; gaining 1.72% or 2.33 to 137.70.

Gold Futures for August delivery was up 0.23% or 5.55 to $2,426.25 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.23% or 0.19 to hit $80.83 a barrel, while the September Brent oil contract fell 0.24% or 0.20 to trade at $84.83 a barrel.

USD/MXN was up 0.79% to 17.74, while EUR/MXN rose 0.56% to 19.34.

The US Dollar Index Futures was up 0.14% at 103.93.

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