Mexico shares higher at close of trade; IPC up 0.20%

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Mexico shares higher at close of trade; IPC up 0.20% – Mexico equities were higher at the close on Friday, as gains in the Materials , Consumer Goods & Services and Industrials sectors propelled shares higher.

At the close in Mexico, the IPC added 0.20%.

The biggest gainers of the session on the IPC were Mexichem , S.A.B. De C.V. (MX: MEXCHEM ), which rose 5.77% or 2.590 points to trade at 47.490 at the close. Nemak SAB de CV (MX: NEMAKA ) added 2.09% or 0.38 points to end at 18.57 and Cemex SAB de CV (MX: CMXCPO ) was up 1.97% or 0.320 points to 16.540 in late trade.

Biggest losers included Alpek, S.A.B. De C.V. (MX: ALPEKA ), which lost 2.16% or 0.610 points to trade at 27.620 in late trade. Wal - Mart De Mexico, SAB De CV (MX: WALMEX ) declined 1.16% or 0.440 points to end at 37.600 and Fomento Economico Mexicano UBD (MX: FMSAUBD ) shed 1.10% or 1.840 points to 164.910.

Advancing stocks outnumbered falling ones by 152 to 96 and 7 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold for December delivery was down 0.53% or 6.30 to $1183.00 a troy ounce. Meanwhile, Crude oil for delivery in January fell 4.11% or 1.97 to hit $45.99 a barrel, while the January Brent oil contract fell 3.90% or 1.91 to trade at $47.09 a barrel.

USD/MXN was down 0.37% to 20.6688, while EUR/MXN fell 0.02% to 21.8831.

The US Dollar Index was down 0.28% at 101.48.

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