Mexico shares higher at close of trade; S&P/BMV IPC up 1.61%

Investing.com – Mexico equities were higher at the close on Wednesday, as gains in the Industrials, Consumer Goods&Services and Consumer Staples sectors propelled shares higher.

At the close in Mexico, the S&P/BMV IPC rose 1.61%.

The biggest gainers of the session on the S&P/BMV IPC were Cemex SAB de CV (BMV:CEMEXCPO), which rose 8.35% or 0.89 points to trade at 11.55 at the close. GCC SAB de CV (BMV:GCC) added 7.24% or 12.02 points to end at 178.14 and Alfa, S.A.B. De C.V. (BMV:ALFAA) was up 4.90% or 0.68 points to 14.56 in late trade.

Biggest losers included Banco Del Bajio SA Institution De Banca Multiple (BMV:BBAJIOO), which lost 1.68% or 0.75 points to trade at 43.88 in late trade. Controladora Vuela Compania de Aviacion SAB de CV (BMV:VOLARA) declined 1.53% or 0.23 points to end at 14.79 and Becle SA (BMV:CUERVO) shed 1.50% or 0.40 points to 26.28.

Advancing stocks outnumbered falling ones by 169 to 83 and 20 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 2.93% or 80.70 to $2,669.00 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.24% or 0.17 to hit $71.82 a barrel, while the January Brent oil contract fell 0.58% or 0.44 to trade at $75.09 a barrel.

USD/MXN was unchanged 0.01% to 20.10, while EUR/MXN fell 1.94% to 21.55.

The US Dollar Index Futures was up 1.65% at 105.03.