Mexico stocks lower at close of trade; S&P/BMV IPC down 1.28%

Aug 09, 2018

Mexico stocks were lower after the close on Thursday, as losses in the Telecoms Services, Financial Services and Consumer Staples sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC declined 1.28%.

The best performers of the session on the S&P/BMV IPC were VOLARIS A (MX:VOLARA), which rose 2.54% or 0.34 points to trade at 13.74 at the close. Meanwhile, Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA) added 1.79% or 13.43 points to end at 763.52 and Grupo Aeroportuario Del CentroNorte (MX:OMAB) was up 1.49% or 1.740 points to 118.500 in late trade.

The worst performers of the session were Grupo Televisa SAB Unit (MX:TLVACPO), which fell 3.79% or 2.80 points to trade at 71.10 at the close. Cemex SAB de CV (MX:CMXCPO) declined 3.63% or 0.500 points to end at 13.290 and Grupo Carso, S.A.B. De C.V. (MX:GCARSOA1) was down 2.84% or 2.100 points to 71.850.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 153 to 148 and 12 ended unchanged.

Shares in Grupo Aeroportuario Del CentroNorte (MX:OMAB) rose to 52-week highs; up 1.49% or 1.740 to 118.500.

Gold Futures for December delivery was down 0.11% or 1.30 to $1219.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 0.37% or 0.25 to hit $66.69 a barrel, while the October Brent oil contract fell 0.40% or 0.29 to trade at $71.99 a barrel.

USD/MXN was up 1.24% to 18.6985, while EUR/MXN rose 0.54% to 21.5604.

The US Dollar Index Futures was up 0.52% at 95.44.