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Mexico shares higher at close of trade; IPC up 0.54%

Published 01/07/2016, 21:29
Updated 01/07/2016, 21:30
Mexico shares higher at close of trade; IPC up 0.54%

Mexico shares higher at close of trade; IPC up 0.54%

Investing.com – Mexico equities were higher at the close on Friday, as gains in the Financial Services, Telecoms Services and Materials sectors propelled shares higher.

At the close in Mexico, the IPC gained 0.54%.

The biggest gainers of the session on the IPC were Industrias Penoles Sab De CV (MX:PENOLES), which rose 5.81% or 25.290 points to trade at 460.810 at the close. Grupo Financiero Santander Mexico (MX:SANMEXB) added 4.89% or 1.620 points to end at 34.760 and Grupo Financiero Inbursa , SAB De CV (MX:GFINBURO) was up 4.58% or 1.420 points to 32.420 in late trade.

Biggest losers included Empresas ICA , S.A.B. De C.V. (MX:ICA), which lost 5.18% or 0.170 points to trade at 3.110 in late trade. Fomento Economico Mexicano UBD (MX:FMSAUBD) declined 1.78% or 3.010 points to end at 166.170 and Grupo Aeroportuario Del Sureste (MX:ASURB) shed 1.60% or 4.660 points to 285.790.

Advancing stocks outnumbered falling ones by 105 to 60 and 5 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold for August delivery was up 1.75% or 23.05 to $1343.65 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.80% or 0.87 to hit $49.20 a barrel, while the September Brent oil contract rose 1.77% or 0.88 to trade at $50.59 a barrel.

USD/MXN was up 0.49% to 18.3687, while EUR/MXN rose 0.71% to 20.4529.

The US Dollar Index was down 0.21% at 95.75.

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