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Mexico stocks higher at close of trade; S&P/BMV IPC up 1.45%

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January 1, 2025
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Mexico stocks higher at close of trade; S&P/BMV IPC up 1.45%

Investing.com – Mexico stocks were higher after the close on Tuesday, 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 gained 1.45%.

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 3.34% or 3.73 points to trade at 115.54 at the close. Meanwhile, Qualitas Controladora, SAB De CV (BMV:Q) added 3.22% or 5.44 points to end at 174.50 and Cemex SAB de CV (BMV:CEMEXCPO) was up 2.99% or 0.34 points to 11.71 in late trade.

The worst performers of the session were Orbia Advance Corporation SAB de CV (BMV:ORBIA), which fell 0.99% or 0.15 points to trade at 14.97 at the close. Gruma SAB de CV (BMV:GRUMAB) declined 0.66% or 2.15 points to end at 325.36 and Banco Del Bajio SA Institution De Banca Multiple (BMV:BBAJIOO) was down 0.64% or 0.27 points to 41.65.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 149 to 47 and 16 ended unchanged.

Gold Futures for February delivery was up 0.79% or 20.70 to $2,638.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.11% or 0.79 to hit $71.78 a barrel, while the March Brent oil contract rose 1.16% or 0.85 to trade at $74.42 a barrel.

USD/MXN was up 0.97% to 20.84, while EUR/MXN rose 0.51% to 21.59.

The US Dollar Index Futures was up 0.28% at 108.24.

This post appeared first on investing.com
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