Mexico shares lower at close of trade; S&P/BMV IPC down 0.67%

Investing.com

Published Feb 24, 2018 09:29

Mexico shares lower at close of trade; S&P/BMV IPC down 0.67%

Investing.com – Mexico equities were lower at the close on Friday, as losses in the Telecoms Services, Consumer Staples and Materials sectors propelled shares lower.

At the close in Mexico, the S&P/BMV IPC fell 0.67%.

The biggest gainers of the session on the S&P/BMV IPC were Banregio Grupo Financiero SAB De CV (MX:GFREGIOO), which rose 1.72% or 2.00 points to trade at 118.40 at the close. Gentera SAB de CV (MX:GENTERA) added 1.44% or 0.230 points to end at 16.250 and Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA) was up 1.42% or 8.76 points to 624.00 in late trade.

Biggest losers included Coca Cola Femsa SAB De CV (MX:KOFL), which lost 5.10% or 7.00 points to trade at 130.14 in late trade. Grupo Aeroportuario del Pacifico SAB De CV Class B (MX:GAPB) declined 3.12% or 5.99 points to end at 185.78 and Grupo Televisa SAB Unit (MX:TLVACPO) shed 2.84% or 1.96 points to 67.14.

Declining stocks outnumbered rising ones by 150 to 137 and 9 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for April delivery was down 0.17% or 2.20 to $1330.50 a troy ounce. Meanwhile, Crude oil for delivery in April rose 1.29% or 0.81 to hit $63.58 a barrel, while the April Brent oil contract rose 1.42% or 0.94 to trade at $67.33 a barrel.

USD/MXN was down 0.23% to 18.5601, while EUR/MXN fell 0.61% to 22.8055.

The US Dollar Index Futures was up 0.17% at 89.81.

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