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Mexico stocks lower at close of trade; S&P/BMV IPC down 5.67%

Mexico stocks lower at close of trade; S&P/BMV IPC down 5.67%

Mexico stocks lower at close of trade; S&P/BMV IPC down 5.67%
Stock Market
Thursday, November 8, 2018 - 21:29

Investing.com – Mexico stocks were lower after the close on Thursday, as losses in the Financial Services, Consumer Staples and Telecoms Services sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC lost 5.67%.

The best performers of the session on the S&P/BMV IPC were GMexico Transportes SA de CV (MX:GMXT), which rose 1.75% or 0.490 points to trade at 28.420 at the close. Meanwhile, PINFRA SAB De CV (MX:PINFRA) added 0.62% or 1.18 points to end at 192.81 and Megacable Holdings, S.A.B. De C.V. (MX:MEGACPO) was up 0.20% or 0.190 points to 97.250 in late trade.

The worst performers of the session were Grupo Financiero Banorte (MX:GFNORTEO), which fell 11.76% or 14.260 points to trade at 107.010 at the close. Grupo Aeroportuario Del CentroNorte (MX:OMAB) declined 10.84% or 12.250 points to end at 100.750 and Gentera SAB de CV (MX:GENTERA) was down 9.99% or 1.970 points to 17.740.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 164 to 127 and 17 ended unchanged.

Gold Futures for December delivery was down 0.17% or 2.10 to $1224.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.70% or 1.05 to hit $60.62 a barrel, while the January Brent oil contract fell 1.79% or 1.29 to trade at $70.78 a barrel.

USD/MXN was up 1.52% to 20.1654, while EUR/MXN rose 1.01% to 22.9176.

The US Dollar Index Futures was up 0.71% at 96.49.

© Reuters.
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