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Mexico shares lower at close of trade; IPC down 0.36%

Published 2017-08-16, 04:29 p/m
Mexico shares lower at close of trade; IPC down 0.36%
ALFAA
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BIMBOA
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GFNORTEO
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LABB
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GMEXICOB
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MXX
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MXSE04
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MXSE05
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MXSE07
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ALPEKA
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Investing.com – Mexico equities were lower at the close on Wednesday, as losses in the Financial Services, Consumer Goods & Services and Consumer Staples sectors propelled shares lower.

At the close in Mexico, the IPC lost 0.36%.

The biggest gainers of the session on the IPC were Alfa, S.A.B. De C.V. (MX:ALFAA), which rose 2.98% or 0.710 points to trade at 24.520 at the close. Genomma Lab Internacional SAB De CV (MX:LABB) added 2.38% or 0.540 points to end at 23.240 and Grupo Mexico, S.A.B. De C.V. (MX:GMEXICOB) was up 1.82% or 1.030 points to 57.720 in late trade.

Biggest losers included Grupo Financiero Banorte (MX:GFNORTEO), which lost 2.75% or 3.420 points to trade at 121.120 in late trade. Alpek, S.A.B. De C.V. (MX:ALPEKA) declined 1.81% or 0.370 points to end at 20.040 and Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA) shed 1.53% or 0.670 points to 43.140.

Declining stocks outnumbered rising ones by 139 to 105 and 15 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.63% or 8.11 to $1287.81 a troy ounce. Meanwhile, Crude oil for delivery in September fell 1.58% or 0.75 to hit $46.80 a barrel, while the October Brent oil contract fell 0.91% or 0.46 to trade at $50.34 a barrel.

USD/MXN was down 0.72% to 17.6776, while EUR/MXN fell 0.46% to 20.8011.

The US Dollar Index Futures was down 0.36% at 93.41.

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