Mexico stocks lower at close of trade; IPC down 1.41%

Investing.com – Mexico stocks were lower after the close on Friday, as losses in the Financial Services, Industrials and Materials sectors led shares lower.

At the close in Mexico, the IPC lost 1.41% to hit a new 6-months low.

The best performers of the session on the IPC were Megacable Holdings, S.A.B. De C.V. (MX:MEGACPO), which rose 1.36% or 1.060 points to trade at 79.260 at the close. Meanwhile, Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA) added 0.59% or 4.79 points to end at 812.31 and Alpek, S.A.B. De C.V. (MX:ALPEKA) was up 0.45% or 0.090 points to 20.200 in late trade.

The worst performers of the session were Gentera SAB de CV (MX:GENTERA), which fell 4.66% or 0.890 points to trade at 18.200 at the close. Grupo Aeroportuario Del Sureste (MX:ASURB) declined 3.18% or 10.90 points to end at 332.14 and Alsea , S.A.B. De C.V. (MX:ALSEA) was down 2.67% or 1.560 points to 56.920.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 127 to 101 and 10 ended unchanged.

Shares in Gentera SAB de CV (MX:GENTERA) fell to 3-years lows; losing 4.66% or 0.890 to 18.200.

Gold Futures for December delivery was down 0.96% or 12.37 to $1275.13 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.51% or 0.29 to hit $56.88 a barrel, while the January Brent oil contract fell 0.41% or 0.26 to trade at $63.67 a barrel.

USD/MXN was up 0.32% to 19.1020, while EUR/MXN rose 0.52% to 22.2846.

The US Dollar Index Futures was down 0.13% at 94.30.

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