Mexico shares lower at close of trade; S&P/BMV IPC down 1.04%

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Mexico shares lower at close of trade; S&P/BMV IPC down 1.04% – Mexico equities were lower at the close on Monday, as losses in the Telecoms Services , Materials and Industrials sectors propelled shares lower.

At the close in Mexico, the S&P/BMV IPC lost 1.04% to hit a new 3-month low.

The biggest gainers of the session on the S&P/BMV IPC were Becle SA (MX: CUERVO ), which rose 2.45% or 0.750 points to trade at 31.410 at the close. Mexichem , S.A.B. De C.V. (MX: MEXCHEM ) added 1.56% or 0.960 points to end at 62.590 and Wal - Mart De Mexico, SAB De CV (MX: WALMEX ) was up 1.46% or 0.830 points to 57.800 in late trade.

Biggest losers included Grupo Televisa SAB Unit (MX: TLVACPO ), which lost 3.59% or 2.20 points to trade at 59.16 in late trade. Cemex SAB de CV (MX: CMXCPO ) declined 3.33% or 0.380 points to end at 11.020 and Kimberly - Clark De Mexico A (MX: KIMBERA ) shed 3.31% or 1.040 points to 30.380.

Declining stocks outnumbered rising ones by 148 to 134 and 16 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.14% or 1.70 to $1225.40 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.52% or 0.36 to hit $69.48 a barrel, while the December Brent oil contract rose 0.38% or 0.30 to trade at $80.08 a barrel.

USD/MXN was up 0.60% to 19.3978, while EUR/MXN rose 0.21% to 22.2456.

The US Dollar Index Futures was up 0.32% at 95.75.

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