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Mexico stocks lower at close of trade; S&P/BMV IPC down 0.77%

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December 31, 2024
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Mexico stocks lower at close of trade; S&P/BMV IPC down 0.77%

Investing.com – Mexico stocks were lower after the close on Monday, 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 fell 0.77% to hit a new 52-week low.

The best performers of the session on the S&P/BMV IPC were Qualitas Controladora, SAB De CV (BMV:Q), which rose 1.62% or 2.70 points to trade at 169.27 at the close. Meanwhile, Bolsa Mexicana De Valores SAB De CV (BMV:BOLSAA) added 1.25% or 0.41 points to end at 33.18 and Grupo Aeroportuario Del CentroNorte (BMV:OMAB) was up 0.67% or 1.18 points to 177.64 in late trade.

The worst performers of the session were Industrias Penoles Sab De CV (BMV:PEOLES), which fell 5.37% or 14.61 points to trade at 257.55 at the close. GCC SAB de CV (BMV:GCC) declined 3.42% or 6.38 points to end at 180.25 and Gentera SAB de CV (BMV:GENTERA) was down 2.96% or 0.71 points to 23.26.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 130 to 96 and 15 ended unchanged.

Gold Futures for February delivery was down 0.38% or 9.99 to $2,621.91 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.78% or 0.55 to hit $71.15 a barrel, while the March Brent oil contract rose 0.45% or 0.33 to trade at $74.12 a barrel.

USD/MXN was up 1.64% to 20.65, while EUR/MXN rose 1.37% to 21.47.

The US Dollar Index Futures was up 0.08% at 107.88.

This post appeared first on investing.com
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