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Mexico shares higher at close of trade; IPC up 0.50%

Published 2016-02-22, 03:29 p/m
Mexico shares higher at close of trade; IPC up 0.50%

Investing.com – Mexico equities were higher at the close on Monday, as gains in the Materials, Telecoms Services and Healthcare sectors propelled shares higher.

At the close in Mexico, the IPC rose 0.50%.

The biggest gainers of the session on the IPC were Cemex SAB de CV (MX:CMXCPO), which rose 5.40% or 0.500 points to trade at 9.760 at the close. Alsea , S.A.B. De C.V. (MX:ALSEA) added 2.76% or 1.740 points to end at 64.850 and Grupo Financiero Santander Mexico (MX:SANMEXB) was up 2.08% or 0.600 points to 29.460 in late trade.

Biggest losers included Genomma Lab Internacional SAB De CV (MX:LABB), which lost 2.12% or 0.250 points to trade at 11.530 in late trade. Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA) declined 1.39% or 4.740 points to end at 336.950 and Wal - Mart De Mexico, SAB De CV (MX:WALMEX) shed 1.34% or 0.570 points to 41.920.

Advancing stocks outnumbered falling ones by 66 to 60 and 9 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold for April delivery was down 1.81% or 22.30 to $1208.50 a troy ounce. Meanwhile, Crude oil for delivery in April rose 5.07% or 1.61 to hit $33.36 a barrel, while the April Brent oil contract rose 5.06% or 1.67 to trade at $34.68 a barrel.

USD/MXN was down 0.91% to 18.0538, while EUR/MXN fell 1.78% to 19.9145.

The US Dollar Index was up 0.78% at 97.37.

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