Mexico shares lower at close of trade; S&P/BMV IPC down 0.68%

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Mexico shares lower at close of trade; S&P/BMV IPC down 0.68% – Mexico equities were lower at the close on Thursday, as losses in the Telecoms Services , Materials and Financial Services sectors propelled shares lower.

At the close in Mexico, the S&P/BMV IPC lost 0.68%.

The biggest gainers of the session on the S&P/BMV IPC were Genomma Lab Internacional SAB De CV (MX: LABB ), which rose 5.92% or 0.710 points to trade at 12.700 at the close. GMexico Transportes SA de CV (MX: GMXT ) added 3.49% or 0.900 points to end at 26.700 and Industrias Penoles Sab De CV (MX: PENOLES ) was up 2.21% or 5.50 points to 254.41 in late trade.

Biggest losers included Mexichem , S.A.B. De C.V. (MX: MEXCHEM ), which lost 3.58% or 1.790 points to trade at 48.270 in late trade. Grupo Televisa SAB Unit (MX: TLVACPO ) declined 2.90% or 1.44 points to end at 48.28 and Banco Del Bajio SA Institution De Banca Multiple (MX: BBAJIOO ) shed 2.27% or 0.870 points to 37.440.

Declining stocks outnumbered rising ones by 153 to 88 and 12 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for February delivery was up 0.93% or 11.90 to $1296.00 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.40% or 0.65 to hit $47.19 a barrel, while the March Brent oil contract rose 1.89% or 1.04 to trade at $55.95 a barrel.

USD/MXN was up 0.38% to 19.6366, while EUR/MXN rose 0.89% to 22.3848.

The US Dollar Index Futures was down 0.64% at 95.810.

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