Monday 21 December 2015

Mexico stocks higher at close of trade; IPC up 0.75%

Mexico stocks were higher after the close on Monday, as gains in the Materials, Telecoms Services and Healthcare sectors led shares higher.At the close in Mexico, the IPC gained 0.75%.The best performers of the session on the IPC were America Movil L , S.A.B. De C.V. (MX:AMXL), which rose 5.43% or 0.650 points to trade at 12.710 at the close. Meanwhile, Grupo Financiero Inbursa , SAB De CV (MX:GFINBURO) added 2.22% or 0.700 points to end at 32.230 and Coca-Cola Femsa, S.A.B. De C.V. (MX:KOFL) was up 2.10% or 2.570 points to 125.090 in late trade.

The worst performers of the session were Empresas ICA , S.A.B. De C.V. (MX:ICA), which fell 9.07% or 0.360 points to trade at 3.610 at the close. Genomma Lab Internacional SAB De CV (MX:LABB) declined 2.85% or 0.370 points to end at 12.600 and Grupo Aeroportuario Del Pacifico (MX:GAPB) was down 2.90% or 4.640 points to 155.360.Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 85 to 71 and 4 ended unchanged.Gold for February delivery was up 1.26% or 13.40 to $1078.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 0.73% or 0.27 to hit $35.80 a barrel, while the February Brent oil contract fell 1.84% or 0.68 to trade at $36.20 a barrel.USD/MXN was up 0.52% to 17.2197, while EUR/MXN rose 0.97% to 18.8119.The US Dollar Index was down 0.35% at 98.39.

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