Mexico shares higher at close of trade; IPC up 0.69%

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Mexico shares higher at close of trade; IPC up 0.69% – 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 IPC added 0.69%.

The biggest gainers of the session on the IPC were Cemex SAB de CV (MX: CMXCPO ), which rose 4.78% or 0.760 points to trade at 16.660 at the close. Grupo Televisa SA (MX: TLVACPO ) added 1.92% or 1.640 points to end at 87.250 and Fomento Economico Mexicano UBD (MX: FMSAUBD ) was up 1.81% or 2.800 points to 157.800 in late trade.

Biggest losers included Grupo Financiero Santander Mexico (MX: SANMEXB ), which lost 5.61% or 1.740 points to trade at 29.270 in late trade. Nemak SAB de CV (MX: NEMAKA ) declined 2.82% or 0.53 points to end at 18.28 and Industrias Penoles Sab De CV (MX: PENOLES ) shed 2.63% or 10.270 points to 380.840.

Advancing stocks outnumbered falling ones by 150 to 83 and 9 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold for February delivery was up 0.54% or 6.10 to $1139.70 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.64% or 0.87 to hit $53.89 a barrel, while the March Brent oil contract rose 0.02% or 0.01 to trade at $56.81 a barrel.

USD/MXN was down 0.01% to 20.7548, while EUR/MXN fell 0.02% to 21.7072.

The US Dollar Index was up 0.05% at 103.00.

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