Mexico stocks lower at close of trade; S&P/BMV IPC down 0.10%

Aug 08, 2018

Mexico stocks were lower after the close on Wednesday, as losses in the Industrials, Materials and Consumer Staples sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC lost 0.10%.

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 5.69% or 40.36 points to trade at 749.19 at the close. Meanwhile, Gentera SAB de CV (MX:GENTERA) added 1.30% or 0.260 points to end at 20.270 and Megacable Holdings, S.A.B. De C.V. (MX:MEGACPO) was up 1.13% or 0.960 points to 85.950 in late trade.

The worst performers of the session were Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1), which fell 2.57% or 1.950 points to trade at 74.070 at the close. Gruma SAB de CV (MX:GRUMAB) declined 2.40% or 5.71 points to end at 232.68 and Mexichem , S.A.B. De C.V. (MX:MEXCHEM) was down 2.38% or 1.610 points to 65.950.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 164 to 116 and 10 ended unchanged.

Gold Futures for December delivery was up 0.28% or 3.40 to $1221.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 3.47% or 2.40 to hit $66.77 a barrel, while the October Brent oil contract fell 3.30% or 2.46 to trade at $72.19 a barrel.

USD/MXN was up 0.03% to 18.4635, while EUR/MXN rose 0.17% to 21.4426.

The US Dollar Index Futures was down 0.08% at 94.92.