Mexico shares higher at close of trade; IPC up 0.37%

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Mexico shares higher at close of trade; IPC up 0.37% – Mexico equities were higher at the close on Tuesday, as gains in the Financial Services , Industrials and Telecoms Services sectors propelled shares higher.

At the close in Mexico, the IPC gained 0.37%.

The biggest gainers of the session on the IPC were Grupo Carso, S.A.B. De C.V. (MX: GCARSOA1 ), which rose 4.39% or 3.440 points to trade at 81.820 at the close. Banregio Grupo Financiero SAB De CV (MX: GFREGIOO ) added 3.80% or 4.060 points to end at 110.840 and Kimberly - Clark De Mexico A (MX: KIMBERA ) was up 3.60% or 1.180 points to 33.980 in late trade.

Biggest losers included Fomento Economico Mexicano UBD (MX: FMSAUBD ), which lost 2.70% or 4.320 points to trade at 155.600 in late trade. Alpek, S.A.B. De C.V. (MX: ALPEKA ) declined 1.71% or 0.480 points to end at 27.520 and Mexichem , S.A.B. De C.V. (MX: MEXCHEM ) shed 1.42% or 0.690 points to 47.900.

Declining stocks outnumbered rising ones by 145 to 132 and 11 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold for February delivery was down 0.44% or 5.20 to $1171.30 a troy ounce. Meanwhile, Crude oil for delivery in January fell 1.70% or 0.88 to hit $50.91 a barrel, while the February Brent oil contract rose 0.02% or 0.01 to trade at $53.96 a barrel.

USD/MXN was down 0.06% to 20.3864, while EUR/MXN fell 0.02% to 21.8471.

The US Dollar Index was up 0.35% at 100.51.

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