Mexico shares higher at close of trade; S&P/BMV IPC up 1.87%

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Mexico shares higher at close of trade; S&P/BMV IPC up 1.87%
Credit: © Reuters. – Mexico equities were higher at the close on Tuesday, as gains in the Telecoms Services , Materials and Consumer Staples sectors propelled shares higher.

At the close in Mexico, the S&P/BMV IPC gained 1.87%.

The biggest gainers of the session on the S&P/BMV IPC were Alfa, S.A.B. De C.V. (MX: ALFAA ), which rose 4.63% or 1.050 points to trade at 23.750 at the close. Grupo Mexico, S.A.B. De C.V. (MX: GMEXICOB ) added 3.20% or 1.920 points to end at 62.000 and Alsea , S.A.B. De C.V. (MX: ALSEA ) was up 3.17% or 2.000 points to 65.180 in late trade.

Biggest losers included Nemak SAB de CV (MX: NEMAKA ), which lost 2.05% or 0.32 points to trade at 15.30 in late trade. Alpek, S.A.B. De C.V. (MX: ALPEKA ) declined 1.03% or 0.260 points to end at 24.900 and Megacable Holdings, S.A.B. De C.V. (MX: MEGACPO ) shed 0.25% or 0.210 points to 82.620.

Advancing stocks outnumbered falling ones by 167 to 100 and 18 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for June delivery was down 0.80% or 10.80 to $1336.10 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.90% or 0.57 to hit $63.58 a barrel, while the June Brent oil contract rose 0.78% or 0.53 to trade at $68.17 a barrel.

USD/MXN was down 0.12% to 18.2199, while EUR/MXN fell 0.38% to 22.3575.

The US Dollar Index Futures was up 0.17% at 89.84.

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