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Mexico shares lower at close of trade; S&P/BMV IPC down 0.07%

Investing.comAug 28, 2024 10:00 PM

Investing.com – Mexico equities were lower at the close on Wednesday, as losses in the Materials, Consumer Staples and Telecoms Services sectors propelled shares lower.

At the close in Mexico, the S&P/BMV IPC lost 0.07%.

The biggest gainers of the session on the S&P/BMV IPC were Grupo Aeroportuario del Pacifico SAB De CV Class B (BMV:GAPB), which rose 8.05% or 24.86 points to trade at 334.91 at the close. Grupo Aeroportuario Del CentroNorte (BMV:OMAB) added 3.64% or 5.30 points to end at 151.07 and Alsea , S.A.B. De C.V. (BMV:ALSEA) was up 2.59% or 1.43 points to 56.70 in late trade.

Biggest losers included Industrias Penoles Sab De CV (BMV:PEOLES), which lost 2.91% or 7.19 points to trade at 238.29 in late trade. Grupo Mexico, S.A.B. De C.V. (BMV:GMEXICOB) declined 2.45% or 2.49 points to end at 98.90 and Orbia Advance Corporation SAB de CV (BMV:ORBIA) shed 1.91% or 0.41 points to 21.09.

Declining stocks outnumbered rising ones by 135 to 99 and 12 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.55% or 14.00 to $2,538.90 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.52% or 1.15 to hit $74.38 a barrel, while the November Brent oil contract fell 0.04% or 0.03 to trade at $77.39 a barrel.

USD/MXN was up 0.04% to 19.65, while EUR/MXN rose 0.05% to 21.85.

The US Dollar Index Futures was up 0.51% at 100.97.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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