Mexico shares lower at close of trade; S&P/BMV IPC down 1.78%

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Mexico shares lower at close of trade; S&P/BMV IPC down 1.78%
Credit: © Reuters. – Mexico equities were lower at the close on Friday, as losses in the Telecoms Services , Consumer Staples and Industrials sectors propelled shares lower.

At the close in Mexico, the S&P/BMV IPC lost 1.78% to hit a new 52-week low.

The biggest gainers of the session on the S&P/BMV IPC were Cemex SAB de CV (MX: CMXCPO ), which rose 4.51% or 0.560 points to trade at 12.990 at the close. Megacable Holdings, S.A.B. De C.V. (MX: MEGACPO ) added 1.04% or 0.890 points to end at 86.870 and Grupo Carso, S.A.B. De C.V. (MX: GCARSOA1 ) was up 0.20% or 0.130 points to 64.980 in late trade.

Biggest losers included Grupo Aeroportuario del Pacifico SAB De CV Class B (MX: GAPB ), which lost 4.97% or 9.39 points to trade at 179.69 in late trade. Fomento Economico Mexicano UBD (MX: FMSAUBD ) declined 4.58% or 7.81 points to end at 162.77 and Grupo Aeroportuario Del Sureste (MX: ASURB ) shed 4.47% or 14.60 points to 311.96.

Declining stocks outnumbered rising ones by 255 to 45 and 13 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for April delivery was up 1.49% or 19.80 to $1347.20 a troy ounce. Meanwhile, Crude oil for delivery in May rose 2.35% or 1.51 to hit $65.81 a barrel, while the May Brent oil contract rose 2.10% or 1.45 to trade at $70.36 a barrel.

USD/MXN was down 0.64% to 18.5174, while EUR/MXN fell 0.24% to 22.8814.

The US Dollar Index Futures was down 0.41% at 89.10.

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