Mexico stocks higher at close of trade; IPC up 0.31%

Stock market

Mexico stocks were higher after the close on Monday, as gains in theFinancial Services, Telecoms Services and Materials sectors led shares higher.

At the close in Mexico, the IPC added 0.31%.

The best performers of the session on the IPC were Kimberly - Clark De Mexico A (MX:KIMBERA), which rose 2.45% or 1.040 points to trade at 43.450 at the close. Meanwhile, Mexichem , S.A.B. De C.V. (MX:MEXCHEM) added 1.93% or 0.790 points to end at 41.650 and VOLARIS A (MX:VOLARA) was up 1.87% or 0.64 points to 34.78 in late trade.

The worst performers of the session were Coca-Cola Femsa, S.A.B. De C.V. (MX:KOFL), which fell 2.16% or 3.180 points to trade at 144.210 at the close. Infraestructura Energetica Nova SAB (MX:IENOVA) declined 1.37% or 1.04 points to end at 74.70 and Telesites SAB de CV (MX:SITESB1) was down 1.23% or 0.140 points to 11.200.

Rising stocks outnumbered declining ones on the Mexico Stock Exchange by 84 to 83 and 12 ended unchanged.

Gold for December delivery was up 0.24% or 3.25 to $1360.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 3.65% or 1.52 to hit $40.08 a barrel, while the October Brent oil contract fell 2.89% or 1.26 to trade at $42.27 a barrel.

USD/MXN was up 0.66% to 18.8755, while EUR/MXN rose 0.55% to 21.0685.

The US Dollar Index was up 0.23% at 95.75.

Source Investing.com