Mexico stocks lower at close of trade; S&P/BMV IPC down 0.79%

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 0.79%.

The best performers of the session on the S&P/BMV IPC were GCC SAB de CV (BMV:GCC ), which rose 4.35% or 7.95 points to trade at 190.80 at the close. Meanwhile, Industrias Penoles Sab De CV (BMV:PEOLES ) added 2.16% or 6.14 points to end at 290.20 and Controladora Vuela Compania de Aviacion SAB de CV (BMV:VOLARA ) was up 1.90% or 0.30 points to 16.13 in late trade.

The worst performers of the session were Alsea , S.A.B. De C.V. (BMV:ALSEA ), which fell 5.67% or 2.64 points to trade at 43.91 at the close. Grupo Bimbo, S.A.B. De C.V. (BMV:BIMBOA ) declined 4.88% or 2.65 points to end at 51.70 and Grupo Televisa SAB Unit (BMV:TLEVISACPO ) was down 3.81% or 0.30 points to 7.58.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 120 to 92 and 15 ended unchanged.

Shares in Grupo Bimbo, S.A.B. De C.V. (BMV:BIMBOA ) fell to 3-years lows; falling 4.88% or 2.65 to 51.70.

Gold Futures for February delivery was up 0.54% or 14.51 to $2,679.91 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.23% or 0.91 to hit $73.34 a barrel, while the March Brent oil contract fell 1.12% or 0.86 to trade at $76.19 a barrel.

USD/MXN was up 0.46% to 20.40, while EUR/MXN rose 0.24% to 21.05.

The US Dollar Index Futures was up 0.44% at 108.86.

Source: Investing.com