Mexico shares higher at close of trade; S&P/BMV IPC up 1.38%

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Mexico shares higher at close of trade; S&P/BMV IPC up 1.38%
Credit: © Reuters. – Mexico equities were higher at the close on Tuesday, as gains in the Materials , Financial Services and Telecoms Services sectors propelled shares higher.

At the close in Mexico, the S&P/BMV IPC gained 1.38% to hit a new 1-month high.

The biggest gainers of the session on the S&P/BMV IPC were Grupo Financiero Inbursa , SAB De CV (MX: GFINBURO ), which rose 5.32% or 1.710 points to trade at 33.830 at the close. El Puerto De Liverpool Sab De CV (MX: LIVEPOLC1 ) added 5.16% or 6.41 points to end at 130.71 and Industrias Penoles Sab De CV (MX: PENOLES ) was up 4.15% or 17.00 points to 426.65 in late trade.

Biggest losers included Alpek, S.A.B. De C.V. (MX: ALPEKA ), which lost 1.07% or 0.250 points to trade at 23.200 in late trade. Banregio Grupo Financiero SAB De CV (MX: GFREGIOO ) declined 0.77% or 0.83 points to end at 106.88 and Gruma SAB de CV (MX: GRUMAB ) shed 0.47% or 1.17 points to 248.13.

Advancing stocks outnumbered falling ones by 160 to 98 and 8 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for February delivery was up 0.75% or 9.80 to $1319.10 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.13% or 0.08 to hit $60.34 a barrel, while the March Brent oil contract fell 0.02% or 0.01 to trade at $66.48 a barrel.

USD/MXN was down 0.01% to 19.5355, while EUR/MXN fell 0.05% to 23.5513.

The US Dollar Index Futures was down 0.47% at 91.56.

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