Mexico stocks higher at close of trade; S&P/BMV IPC up 1.61%

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 added 1.61%.

The best performers of the session on the S&P/BMV IPC were Cemex SAB de CV (BMV:CEMEXCPO), which rose 8.35% or 0.89 points to trade at 11.55 at the close. Meanwhile, GCC SAB de CV (BMV:GCC) added 7.24% or 12.02 points to end at 178.14 and Alfa, S.A.B. De C.V. (BMV:ALFAA) was up 4.90% or 0.68 points to 14.56 in late trade.

The worst performers of the session were Banco Del Bajio SA Institution De Banca Multiple (BMV:BBAJIOO), which fell 1.68% or 0.75 points to trade at 43.88 at the close. Controladora Vuela Compania de Aviacion SAB de CV (BMV:VOLARA) declined 1.53% or 0.23 points to end at 14.79 and Becle SA (BMV:CUERVO) was down 1.50% or 0.40 points to 26.28.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 169 to 83 and 20 ended unchanged.

Shares in Becle SA (BMV:CUERVO) fell to 5-year lows; down 1.50% or 0.40 to 26.28.

Gold Futures for December delivery was down 2.93% or 80.60 to $2,669.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.25% or 0.18 to hit $71.81 a barrel, while the January Brent oil contract fell 0.60% or 0.45 to trade at $75.08 a barrel.

USD/MXN was down 0.04% to 20.09, while EUR/MXN fell 1.91% to 21.56.

The US Dollar Index Futures was up 1.65% at 105.03.