Mexico shares higher at close of trade; S&P/BMV IPC up 0.99%

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Mexico shares higher at close of trade; S&P/BMV IPC up 0.99% – Mexico equities were higher at the close on Wednesday, as gains in the Telecoms Services , Materials and Industrials sectors propelled shares higher.

At the close in Mexico, the S&P/BMV IPC gained 0.99%.

The biggest gainers of the session on the S&P/BMV IPC were Grupo Aeroportuario Del Sureste (MX: ASURB ), which rose 5.62% or 17.97 points to trade at 337.64 at the close. Grupo Mexico, S.A.B. De C.V. (MX: GMEXICOB ) added 4.57% or 2.050 points to end at 46.870 and America Movil SAB de CV (MX: AMXL ) was up 3.38% or 0.480 points to 14.680 in late trade.

Biggest losers included El Puerto De Liverpool Sab De CV (MX: LIVEPOLC1 ), which lost 5.40% or 7.36 points to trade at 128.99 in late trade. Grupo Financiero Inbursa , SAB De CV (MX: GFINBURO ) declined 4.95% or 1.370 points to end at 26.330 and Genomma Lab Internacional SAB De CV (MX: LABB ) shed 3.97% or 0.540 points to 13.050.

Advancing stocks outnumbered falling ones by 218 to 96 and 14 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.43% or 5.30 to $1217.30 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.87% or 1.24 to hit $64.94 a barrel, while the January Brent oil contract fell 1.57% or 1.19 to trade at $74.72 a barrel.

USD/MXN was up 1.34% to 20.3220, while EUR/MXN rose 1.09% to 22.9980.

The US Dollar Index Futures was up 0.07% at 96.86.

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