Mexico stocks lower at close of trade; S&P/BMV IPC down 0.24%

Oct 12, 2018

Mexico stocks were lower after the close on Friday, as losses in the Consumer Goods&Services, Telecoms Services and Healthcare sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC declined 0.24% to hit a new 3-months low.

The best performers of the session on the S&P/BMV IPC were Gentera SAB de CV (MX:GENTERA), which rose 3.55% or 0.630 points to trade at 18.380 at the close. Meanwhile, Megacable Holdings, S.A.B. De C.V. (MX:MEGACPO) added 2.23% or 2.110 points to end at 96.650 and Grupo Financiero Santander Mexico SAB de CV Class B (MX:BSMXB) was up 1.70% or 0.480 points to 28.710 in late trade.

The worst performers of the session were Grupo Bimbo, S.A.B. De C.V. (MX:BIMBOA), which fell 3.32% or 1.280 points to trade at 37.330 at the close. Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA) declined 2.75% or 22.07 points to end at 780.08 and Genomma Lab Internacional SAB De CV (MX:LABB) was down 2.19% or 0.330 points to 14.730.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 140 to 120 and 7 ended unchanged.

Gold Futures for December delivery was down 0.51% or 6.20 to $1221.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.79% or 0.56 to hit $71.53 a barrel, while the December Brent oil contract rose 0.36% or 0.29 to trade at $80.55 a barrel.

USD/MXN was down 0.60% to 18.8649, while EUR/MXN fell 0.87% to 21.8105.

The US Dollar Index Futures was up 0.25% at 94.93.