Mexico shares higher at close of trade; S&P/BMV IPC up 1.03%

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Mexico shares higher at close of trade; S&P/BMV IPC up 1.03% – Mexico equities were higher at the close on Tuesday, as gains in the Telecoms Services , Materials and Financial Services sectors propelled shares higher.

At the close in Mexico, the S&P/BMV IPC gained 1.03% to hit a new 1-month high.

The biggest gainers of the session on the S&P/BMV IPC were Gentera SAB de CV (MX: GENTERA ), which rose 4.38% or 0.650 points to trade at 15.480 at the close. Grupo Bimbo, S.A.B. De C.V. (MX: BIMBOA ) added 3.64% or 1.510 points to end at 43.020 and Arca Continental , S.A.B. De C.V. (MX: AC ) was up 2.96% or 3.85 points to 133.71 in late trade.

Biggest losers included Nemak SAB de CV (MX: NEMAKA ), which lost 4.59% or 0.68 points to trade at 14.15 in late trade. VOLARIS A (MX: VOLARA ) declined 0.87% or 0.14 points to end at 15.89 and Alpek, S.A.B. De C.V. (MX: ALPEKA ) shed 0.64% or 0.170 points to 26.220.

Advancing stocks outnumbered falling ones by 196 to 99 and 12 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for June delivery was down 0.02% or 0.30 to $1350.40 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.65% or 0.43 to hit $66.65 a barrel, while the June Brent oil contract rose 0.42% or 0.30 to trade at $71.72 a barrel.

USD/MXN was up 0.18% to 18.0446, while EUR/MXN rose 0.14% to 22.3328.

The US Dollar Index Futures was up 0.06% at 89.19.

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