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Mexico shares lower at close of trade; S&P/BMV IPC down 2.18%

Published 2018/11/12, 23:29
Updated 2018/11/12, 23:30
Mexico shares lower at close of trade; S&P/BMV IPC down 2.18%

Investing.com – Mexico equities were lower at the close on Monday, as losses in the Financial Services, Telecoms Services and Consumer Goods & Services sectors propelled shares lower.

At the close in Mexico, the S&P/BMV IPC declined 2.18% to hit a new 52-week low.

The biggest gainers of the session on the S&P/BMV IPC were Grupo Aeroportuario Del CentroNorte (MX:OMAB), which rose 2.50% or 2.490 points to trade at 102.090 at the close. Gentera SAB de CV (MX:GENTERA) added 1.96% or 0.330 points to end at 17.180 and Arca Continental , S.A.B. De C.V. (MX:AC) was up 1.36% or 1.44 points to 107.51 in late trade.

Biggest losers included Grupo Financiero Banorte (MX:GFNORTEO), which lost 6.05% or 6.350 points to trade at 98.650 in late trade. Industrias Penoles Sab De CV (MX:PENOLES) declined 5.35% or 14.56 points to end at 257.46 and Genomma Lab Internacional SAB De CV (MX:LABB) shed 4.55% or 0.630 points to 13.230.

Declining stocks outnumbered rising ones by 175 to 102 and 8 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.46% or 5.50 to $1200.90 a troy ounce. Meanwhile, Crude oil for delivery in December fell 2.06% or 1.24 to hit $58.95 a barrel, while the January Brent oil contract fell 1.37% or 0.96 to trade at $69.22 a barrel.

USD/MXN was up 1.07% to 20.3710, while EUR/MXN rose 0.13% to 22.8559.

The US Dollar Index Futures was up 0.79% at 97.50.

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