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Mexico stocks lower at close of trade; S&P/BMV IPC down 0.16%

by December 11, 2024
written by December 11, 2024

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

At the close in Mexico, the S&P/BMV IPC declined 0.16%.

The best performers of the session on the S&P/BMV IPC were Grupo Elektra , S.A.B. De C.V. (BMV:ELEKTRA), which rose 20.84% or 68.46 points to trade at 397.00 at the close. Meanwhile, Gruma SAB de CV (BMV:GRUMAB) added 2.71% or 9.34 points to end at 354.37 and Kimberly – Clark De Mexico A (BMV:KIMBERA) was up 2.19% or 0.60 points to 28.00 in late trade.

The worst performers of the session were Cemex SAB de CV (BMV:CEMEXCPO), which fell 3.47% or 0.40 points to trade at 11.12 at the close. Grupo Aeroportuario del Pacifico SAB De CV Class B (BMV:GAPB) declined 2.87% or 11.33 points to end at 382.83 and Orbia Advance Corporation SAB de CV (BMV:ORBIA) was down 2.72% or 0.50 points to 17.91.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 115 to 102 and 13 ended unchanged.

Gold Futures for February delivery was up 1.28% or 34.67 to $2,753.07 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 2.48% or 1.70 to hit $70.29 a barrel, while the February Brent oil contract rose 1.88% or 1.36 to trade at $73.55 a barrel.

USD/MXN was down 0.11% to 20.12, while EUR/MXN fell 0.49% to 21.12.

The US Dollar Index Futures was up 0.26% at 106.36.

This post appeared first on investing.com
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