Mexico shares lower at close of trade; S&P/BMV IPC down 1.08%

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Mexico shares lower at close of trade; S&P/BMV IPC down 1.08% – Mexico equities were lower at the close on Thursday, as losses in the Materials , Financial Services and Industrials sectors propelled shares lower.

At the close in Mexico, the S&P/BMV IPC lost 1.08% to hit a new 1-month low.

The biggest gainers of the session on the S&P/BMV IPC were Grupo LALA SA de CV (MX: LALAB ), which rose 2.56% or 0.50 points to trade at 20.00 at the close. VOLARIS A (MX: VOLARA ) added 2.04% or 0.27 points to end at 13.50 and Wal - Mart De Mexico, SAB De CV (MX: WALMEX ) was up 1.55% or 0.810 points to 53.220 in late trade.

Biggest losers included Cemex SAB de CV (MX: CMXCPO ), which lost 4.27% or 0.560 points to trade at 12.560 in late trade. Grupo Mexico, S.A.B. De C.V. (MX: GMEXICOB ) declined 4.05% or 2.190 points to end at 51.900 and Grupo Aeroportuario Del CentroNorte (MX: OMAB ) shed 3.55% or 4.200 points to 114.230.

Declining stocks outnumbered rising ones by 148 to 117 and 13 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.35% or 4.10 to $1180.90 a troy ounce. Meanwhile, Crude oil for delivery in September rose 0.72% or 0.47 to hit $65.48 a barrel, while the October Brent oil contract rose 0.85% or 0.60 to trade at $71.36 a barrel.

USD/MXN was down 0.81% to 18.9766, while EUR/MXN fell 0.55% to 21.5956.

The US Dollar Index Futures was down 0.12% at 96.47.

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