Mexico shares lower at close of trade; IPC down 0.27%

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Mexico shares lower at close of trade; IPC down 0.27% – Mexico equities were lower at the close on Wednesday, as losses in the Consumer Staples , Industrials and Consumer Goods & Services sectors propelled shares lower.

At the close in Mexico, the IPC fell 0.27% to hit a new 3-month low.

The biggest gainers of the session on the IPC were Industrias Penoles Sab De CV (MX: PENOLES ), which rose 3.86% or 16.960 points to trade at 456.850 at the close. Grupo LALA SA de CV (MX: LALAB ) added 2.81% or 0.89 points to end at 32.59 and Infraestructura Energetica Nova SAB (MX: IENOVA ) was up 2.80% or 2.28 points to 83.76 in late trade.

Biggest losers included Alfa, S.A.B. De C.V. (MX: ALFAA ), which lost 3.11% or 0.770 points to trade at 24.020 in late trade. VOLARIS A (MX: VOLARA ) declined 2.51% or 0.81 points to end at 31.47 and Fomento Economico Mexicano UBD (MX: FMSAUBD ) shed 2.23% or 3.650 points to 160.270.

Declining stocks outnumbered rising ones by 104 to 78 and 3 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold for December delivery was down 0.04% or 0.50 to $1224.00 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.09% or 0.50 to hit $45.31 a barrel, while the January Brent oil contract rose 0.09% or 0.04 to trade at $46.40 a barrel.

USD/MXN was up 0.01% to 20.2185, while EUR/MXN rose 0.07% to 21.6268.

The US Dollar Index was up 0.18% at 100.38.

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