Mexico shares lower at close of trade; IPC down 1.31%
Investing.com
Published Nov 04, 2016 07:29
Mexico shares lower at close of trade; IPC down 1.31%
Investing.com – Mexico equities were lower at the close on Thursday, as losses in the Telecoms Services, Financial Services and Industrials sectors propelled shares lower.
At the close in Mexico, the IPC fell 1.31% to hit a new 1-month low.
The biggest gainers of the session on the IPC were Genomma Lab Internacional SAB De CV (MX:LABB), which rose 1.06% or 0.250 points to trade at 23.800 at the close. Cemex SAB de CV (MX:CMXCPO) added 0.99% or 0.160 points to end at 16.260 and Wal - Mart De Mexico, SAB De CV (MX:WALMEX) was up 0.78% or 0.310 points to 40.120 in late trade.
Biggest losers included Gruma SAB de CV (MX:GRUMAB), which lost 3.93% or 10.220 points to trade at 250.010 in late trade. Bolsa Mexicana De Valores SAB De CV (MX:BOLSAA) declined 3.88% or 1.170 points to end at 29.000 and Ohl Mexico, S.A.B. De C.V. (MX:OHLMEX) shed 3.72% or 0.800 points to 20.700.
Declining stocks outnumbered rising ones by 127 to 50 and 7 ended unchanged on the Mexico Stock Exchange.
In commodities trading, Gold for December delivery was down 0.27% or 3.55 to $1304.65 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.57% or 0.71 to hit $44.63 a barrel, while the January Brent oil contract fell 1.15% or 0.54 to trade at $46.32 a barrel.
USD/MXN was down 0.99% to 19.1827, while EUR/MXN fell 0.90% to 21.3030.
The US Dollar Index was down 0.22% at 97.18.
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Written By: Investing.com
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