Mexico shares higher at close of trade; IPC up 1.16%

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Mexico shares higher at close of trade; IPC up 1.16% – Mexico equities were higher at the close on Wednesday, as gains in the Consumer Staples , Financial Services and Materials sectors propelled shares higher.

At the close in Mexico, the IPC added 1.16%.

The biggest gainers of the session on the IPC were Wal - Mart De Mexico, SAB De CV (MX: WALMEX ), which rose 7.98% or 3.180 points to trade at 43.060 at the close. Grupo Simec, S.A.B. De C.V. (MX: SIMECB ) added 3.69% or 1.960 points to end at 55.200 and El Puerto De Liverpool Sab De CV (MX: LIVEPOLC1 ) was up 3.52% or 6.590 points to 193.500 in late trade.

Biggest losers included Kimberly - Clark De Mexico A (MX: KIMBERA ), which lost 3.04% or 1.310 points to trade at 41.900 in late trade. Fomento Economico Mexicano UBD (MX: FMSAUBD ) declined 1.66% or 2.680 points to end at 158.990 and Coca-Cola Femsa, S.A.B. De C.V. (MX: KOFL ) shed 1.35% or 2.010 points to 147.040.

Advancing stocks outnumbered falling ones by 105 to 46 and 11 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold for June delivery was up 0.37% or 4.55 to $1247.95 a troy ounce. Meanwhile, Crude oil for delivery in June rose 2.95% or 1.30 to hit $45.34 a barrel, while the July Brent oil contract rose 3.05% or 1.39 to trade at $46.97 a barrel.

USD/MXN was down 0.36% to 17.2997, while EUR/MXN fell 0.27% to 19.5778.

The US Dollar Index was down 0.01% at 94.44.

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