Mexican stocks finish stronger; S&P/BMV IPC rises 0.12%

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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 rose 0.12%.

The biggest gainers of the session on the S&P/BMV IPC were Qualitas Controladora, SAB De CV (BMV:Q), which rose 3.45% or 5.98 points to trade at 179.43 at the close. Promotora y Operadora de Infraestructura SAB de CV (BMV: PINFRA) added 3.32% or 8.37 points to end at 260.23, and Grupo Carso, S.A.B. De C.V. (BMV: GCARSOA1) was up 2.33% or 2.86 points to 125.64 in late trade.

Biggest losers included Becle SA (BMV: CUERVO), which lost 4.06% or 0.88 points to trade at 20.82 in late trade. Grupo Aeroportuario del Pacifico SAB De CV Class B (BMV: GAPB) declined 1.58% or 6.70 points to end at 416.82, and Grupo Aeroportuario Del Centro Norte (BMV: OMAB) shed 1.56% or 3.70 points to 234.19.

Declining stocks outnumbered rising ones by 120 to 117, and 11 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for February delivery were up 0.15% or 6.20 to $4,238.70 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.39% or 0.82 to hit $59.77 a barrel, while the February Brent oil contract rose 1.12% or 0.70 to trade at $63.37 a barrel.

USD/MXN was down 0.25% to 18.24, while EUR/MXN fell 0.48% to 21.23.

Source: El Financiero

Monterrey Daily Post