Mexico stocks lower at close of trade; IPC down 0.51%

Mexico stocks were lower after the close on Tuesday, as losses in the Telecoms Services, Financial Services and Materials sectors led shares lower. At the close in Mexico, the IPC fell 0.51% to hit a new 3-months high.

 

The best performers of the session on the IPC were Gruma, S.A.B. De C.V. (MX:GRUMAB), which rose 2.28% or 4.270 points to trade at 191.060 at the close. Meanwhile, Alfa, S.A.B. De C.V. (MX:ALFAA) added 2.25% or 0.700 points to end at 31.850 and Grupo Aeroportuario Del Pacifico (MX:GAPB) was up 1.59% or 1.720 points to 110.100 in late trade.

The worst performers of the session were Industrias CH, S.A.B. De C.V. (MX:ICHB), which fell 3.05% or 1.980 points to trade at 62.900 at the close. Grupo Elektra, S.A.B. De C.V. (MX:ELEKTRA) declined 2.92% or 11.590 points to end at 385.010 and Compartamos, S.A.B. De C.V. (MX:GENTERA) was down 2.35% or 0.640 points to 26.610.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 70 to 52 and 12 ended unchanged.

Gold for June delivery was up 0.79% or 9.30 to $1192.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.04% or 0.03 to hit $60.78 a barrel, while the July Brent oil contract rose 0.36% or 0.24 to trade at $67.39 a barrel.

USD/MXN was down 0.01% to 15.3562, while EUR/MXN rose 0.37% to 17.2015. The US Dollar Index was down 0.43% at 94.70.