Mexico stocks higher at close of trade; S&P/BMV IPC up 0.07%

11/07/2018 20:29:00 Stock Market

Mexico stocks were higher after the close on Wednesday, as gains in the Consumer Goods&Services, Telecoms Services and Healthcare sectors led shares higher.

At the close in Mexico, the S&P/BMV IPC rose 0.07%.

The best performers of the session on the S&P/BMV IPC were Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA), which rose 5.62% or 32.27 points to trade at 606.27 at the close. Meanwhile, Grupo Financiero Santander Mexico SAB de CV Class B (MX:BSMXB) added 3.30% or 0.960 points to end at 29.980 and Grupo Televisa SAB Unit (MX:TLVACPO) was up 3.20% or 2.46 points to 79.35 in late trade.

The worst performers of the session were Wal - Mart De Mexico, SAB De CV (MX:WALMEX), which fell 3.57% or 1.970 points to trade at 53.170 at the close. Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) declined 2.95% or 1.670 points to end at 54.900 and Alfa, S.A.B. De C.V. (MX:ALFAA) was down 1.79% or 0.420 points to 23.080.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 154 to 125 and 10 ended unchanged.

Gold Futures for August delivery was down 1.08% or 13.60 to $1241.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 4.64% or 3.44 to hit $70.67 a barrel, while the September Brent oil contract fell 6.10% or 4.81 to trade at $74.05 a barrel.

USD/MXN was up 0.68% to 19.0590, while EUR/MXN rose 0.09% to 22.2496.

The US Dollar Index Futures was up 0.68% at 94.49.