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Mexico shares higher at close of trade; S&P/BMV IPC up 1.22%

Investing.comNov 7, 2024 10:00 PM

Investing.com – Mexico equities were higher at the close on Thursday, 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 added 1.22%.

The biggest gainers of the session on the S&P/BMV IPC were Alfa, S.A.B. De C.V. (BMV:ALFAA), which rose 7.78% or 1.13 points to trade at 15.66 at the close. Gruma SAB de CV (BMV:GRUMAB) added 6.02% or 20.90 points to end at 368.00 and Grupo Carso, S.A.B. De C.V. (BMV:GCARSOA1) was up 5.14% or 6.06 points to 124.00 in late trade.

Biggest losers included Banco Del Bajio SA Institution De Banca Multiple (BMV:BBAJIOO), which lost 4.10% or 1.80 points to trade at 42.07 in late trade. Grupo Televisa SAB Unit (BMV:TLEVISACPO) declined 4.04% or 0.40 points to end at 9.50 and America Movil SAB de CV M (BMV:AMXB) shed 2.83% or 0.46 points to 15.77.

Declining stocks outnumbered rising ones by 123 to 117 and 23 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 1.45% or 38.85 to $2,715.15 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.56% or 0.40 to hit $72.09 a barrel, while the January Brent oil contract rose 0.71% or 0.53 to trade at $75.45 a barrel.

USD/MXN was down 1.31% to 19.82, while EUR/MXN fell 0.71% to 21.40.

The US Dollar Index Futures was down 0.71% at 104.24.

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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