Mexico shares higher at close of trade; S&P/BMV IPC up 1.07%

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Mexico shares higher at close of trade; S&P/BMV IPC up 1.07% – Mexico equities were higher at the close on Monday, as gains in the Telecoms Services , Financial Services and Materials sectors propelled shares higher.

At the close in Mexico, the S&P/BMV IPC added 1.07%.

The biggest gainers of the session on the S&P/BMV IPC were GMexico Transportes SA de CV (MX: GMXT ), which rose 3.48% or 1.100 points to trade at 32.720 at the close. Alpek, S.A.B. De C.V. (MX: ALPEKA ) added 3.43% or 0.980 points to end at 29.570 and Industrias Penoles Sab De CV (MX: PENOLES ) was up 3.21% or 9.64 points to 309.97 in late trade.

Biggest losers included Nemak SAB de CV (MX: NEMAKA ), which lost 1.44% or 0.23 points to trade at 15.73 in late trade. Arca Continental , S.A.B. De C.V. (MX: AC ) declined 1.03% or 1.29 points to end at 123.58 and Wal - Mart De Mexico, SAB De CV (MX: WALMEX ) shed 0.83% or 0.440 points to 52.870.

Advancing stocks outnumbered falling ones by 179 to 89 and 18 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 1.11% or 13.10 to $1197.30 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.31% or 0.20 to hit $65.41 a barrel, while the October Brent oil contract rose 0.54% or 0.39 to trade at $72.22 a barrel.

USD/MXN was up 0.49% to 18.9796, while EUR/MXN rose 0.88% to 21.7961.

The US Dollar Index Futures was down 0.34% at 95.67.

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