Mexico stocks lower at close of trade; S&P/BMV IPC down 0.07%

investing.com 28/08/2024 - 21:30 PM

Mexico Stock Market Summary

Investing.com – Mexico stocks were lower after the close on Wednesday, as losses in the Materials, Consumer Staples, and Telecoms Services sectors led shares lower.

At the close in Mexico, the S&P/BMV IPC fell 0.07%.

Best Performers

The best performers of the session on the S&P/BMV IPC were:
Grupo Aeroportuario del Pacifico SAB De CV Class B (BMV:GAPB): rose 8.05% or 24.86 points to trade at 334.91 at the close.
Grupo Aeroportuario Del CentroNorte (BMV:OMAB): added 3.64% or 5.30 points to end at 151.07.
Alsea, S.A.B. De C.V. (BMV:ALSEA): up 2.59% or 1.43 points to 56.70 in late trade.

Worst Performers

The worst performers of the session were:
Industrias Penoles Sab De CV (BMV:PEOLES): fell 2.91% or 7.19 points to trade at 238.29.
Grupo Mexico, S.A.B. De C.V. (BMV:GMEXICOB): declined 2.45% or 2.49 points to end at 98.90.
Orbia Advance Corporation SAB de CV (BMV:ORBIA): down 1.91% or 0.41 points to 21.09.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 135 to 99, with 12 ending unchanged.

Shares in Grupo Aeroportuario del Pacifico SAB De CV Class B (BMV:GAPB) rose to 52-week highs, increasing 8.05% or 24.86 to 334.91.

Commodities Overview

  • Gold Futures for December delivery was down 0.55% or 14.00 to $2,538.90 a troy ounce.
  • In commodities trading:
    • Crude oil for delivery in October fell 1.52% or 1.15 to hit $74.38 a barrel.
    • November Brent oil contract fell 0.05% or 0.04 to trade at $77.38 a barrel.

Exchange Rates

  • USD/MXN was up 0.04% to 19.65, while EUR/MXN was unchanged at 21.85.
  • The US Dollar Index Futures was up 0.51% at 100.97.



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