Mexico shares higher at close of trade; IPC up 1.04%

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Mexico shares higher at close of trade; IPC up 1.04% – Mexico equities were higher at the close on Monday, as gains in the Telecoms Services , Industrials and Materials sectors propelled shares higher.

At the close in Mexico, the IPC gained 1.04%.

The biggest gainers of the session on the IPC were Empresas ICA , S.A.B. De C.V. (MX: ICA ), which rose 34.58% or 1.020 points to trade at 3.970 at the close. Gentera SAB de CV (MX: GENTERA ) added 3.81% or 1.220 points to end at 33.210 and Grupo Aeroportuario Del Pacifico (MX: GAPB ) was up 4.51% or 8.380 points to 194.160 in late trade.

Biggest losers included La Comercial (MX: LCMRUBC ), which lost 2.18% or 0.41 points to trade at 18.40 in late trade. Grupo Bimbo, S.A.B. De C.V. (MX: BIMBOA ) declined 1.33% or 0.740 points to end at 54.840 and Fomento Economico Mexicano UBD (MX: FMSAUBD ) shed 0.50% or 0.850 points to 169.140.

Advancing stocks outnumbered falling ones by 116 to 49 and 5 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold for August delivery was down 0.19% or 2.45 to $1292.35 a troy ounce. Meanwhile, Crude oil for delivery in August rose 2.49% or 1.21 to hit $49.77 a barrel, while the August Brent oil contract rose 2.44% or 1.20 to trade at $50.37 a barrel.

USD/MXN was down 0.74% to 18.7007, while EUR/MXN fell 0.49% to 21.1414.

The US Dollar Index was down 0.60% at 93.73.

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