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Mexico stocks higher at close of trade; S&P/BMV IPC up 0.23%

by November 27, 2024
written by November 27, 2024

Investing.com – Mexico stocks were higher after the close on Wednesday, as gains in the Industrials, Consumer Goods & Services and Consumer Staples sectors led shares higher.

At the close in Mexico, the S&P/BMV IPC rose 0.23%.

The best performers of the session on the S&P/BMV IPC were Grupo Carso, S.A.B. De C.V. (BMV:GCARSOA1), which rose 5.02% or 5.83 points to trade at 122.07 at the close. Meanwhile, Banco Del Bajio SA Institution De Banca Multiple (BMV:BBAJIOO) added 4.72% or 1.98 points to end at 43.92 and Grupo Financiero Inbursa , SAB De CV (BMV:GFINBURO) was up 3.58% or 1.61 points to 46.64 in late trade.

The worst performers of the session were Corporacion Inmobiliaria Vesta SAB (BMV:VESTA), which fell 3.07% or 1.52 points to trade at 48.05 at the close. Alsea , S.A.B. De C.V. (BMV:ALSEA) declined 2.72% or 1.26 points to end at 45.03 and Fomento Economico Mexicano UBD (BMV:FEMSAUBD) was down 2.46% or 4.46 points to 176.60.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 128 to 102 and 17 ended unchanged.

Shares in Corporacion Inmobiliaria Vesta SAB (BMV:VESTA) fell to 52-week lows; down 3.07% or 1.52 to 48.05. Shares in Alsea, S.A.B. De C.V. (BMV:ALSEA) fell to 52-week lows; falling 2.72% or 1.26 to 45.03. Shares in Fomento Economico Mexicano UBD (BMV:FEMSAUBD) fell to 52-week lows; losing 2.46% or 4.46 to 176.60.

Gold Futures for February delivery was up 0.53% or 14.14 to $2,660.44 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.03% or 0.02 to hit $68.75 a barrel, while the February Brent oil contract rose 0.07% or 0.05 to trade at $72.37 a barrel.

USD/MXN was down 0.09% to 20.61, while EUR/MXN rose 0.51% to 21.77.

The US Dollar Index Futures was down 0.87% at 106.04.

This post appeared first on investing.com
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