Mexico Stocks Lower at Close of Trade; S&P/BMV IPC Down 0.65%

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  • Mexican stocks closed lower, with the S&P/BMV IPC down 0.65%, pressured by industrials and consumer sectors.
  • Cemex (+4.13%) led gainers, hitting a five-year high, alongside Becle and Chedraui.
  • Decliners outnumbered advancers, with Orbia, Regional, and Grupo Carso among the worst performers.

Investing - Mexico stocks were lower after the close on Monday, as losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors led shares lower.
At the close in Mexico, the S&P/BMV IPC declined 0.65%.
The best performers of the session on the S&P/BMV IPC were Cemex SAB de CV, which rose 4.13% or 0.83 points to trade at 20.94 at the close. Meanwhile, Becle SA added 1.80% or 0.37 points to end at 20.87 and Grupo Comercial Chedraui, SAB De CV was up 1.57% or 2.02 points to 130.70 in late trade.
The worst performers of the session were Orbia Advance Corporation SAB de CV, which fell 3.16% or 0.54 points to trade at 16.54 at the close. Regional SAB de CV declined 2.79% or 3.97 points to end at 138.30 and Grupo Carso SAB De CV was down 2.74% or 3.32 points to 117.81.
Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 146 to 96 and 16 ended unchanged.
Shares in Cemex SAB de CV rose to 5-year highs; rising 4.13% or 0.83 to 20.94.
Gold Futures for February delivery was up 0.11% or 4.80 to $4,333.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.38% or 0.79 to hit $56.45 a barrel, while the February Brent oil contract fell 1.28% or 0.78 to trade at $60.34 a barrel.
USD/MXN was down 0.11% to 17.98, while EUR/MXN unchanged 0.02% to 21.13.
The US Dollar Index Futures was down 0.09% at 97.94. (AI)

Sumber : Investing

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