Mexico stocks lower at close of trade; S&P/BMV IPC down 0.70%

Investing.com

Published Mar 15, 2018 06:29PM ET

Mexico stocks lower at close of trade; S&P/BMV IPC down 0.70%

Investing.com – Mexico stocks were lower after the close on Thursday, as losses in the Consumer Goods & Services, Financial Services and Materials sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC declined 0.70%.

The best performers of the session on the S&P/BMV IPC were Alsea , S.A.B. De C.V. (MX:ALSEA), which rose 1.46% or 0.940 points to trade at 65.280 at the close. Meanwhile, Banregio Grupo Financiero SAB De CV (MX:GFREGIOO) added 1.35% or 1.53 points to end at 115.28 and Grupo LALA SA de CV (MX:LALAB) was up 0.73% or 0.19 points to 26.34 in late trade.

The worst performers of the session were Grupo Elektra , S.A.B. De C.V. (MX:ELEKTRA), which fell 3.62% or 19.14 points to trade at 510.12 at the close. PINFRA SAB De CV (MX:PINFRA) declined 3.21% or 6.00 points to end at 181.07 and Gentera SAB de CV (MX:GENTERA) was down 2.30% or 0.310 points to 13.160.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 151 to 116 and 10 ended unchanged.

Shares in PINFRA SAB De CV (MX:PINFRA) fell to 52-week lows; down 3.21% or 6.00 to 181.07. Shares in Gentera SAB de CV (MX:GENTERA) fell to 5-year lows; losing 2.30% or 0.310 to 13.160.

Gold Futures for April delivery was up 0.05% or 0.70 to $1316.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.05% or 0.03 to hit $61.16 a barrel, while the May Brent oil contract fell 0.06% or 0.04 to trade at $65.02 a barrel.

USD/MXN was up 0.01% to 18.7021, while EUR/MXN rose 0.05% to 23.0147.

The US Dollar Index Futures was up 0.43% at 90.14.

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