Mexico stocks higher at close of trade; S&P/BMV IPC up 0.06%

Mexico stocks experienced an upward trend at the close of trade on Monday, with gains in various sectors contributing to the increase. The S&P/BMV IPC index rose by 0.06%. Industrials, Consumer Goods & Services, and Consumer Staples sectors led the market higher. Gentera SAB de CV was the top performer, increasing by 3.15% to 39.59, while Coca-Cola Femsa SAB de CV and Fomento Economico Mexicano UBD also saw gains of 2.97% and 1.71%, respectively.

Grupo Aeroportuario del Pacifico SAB De CV Class B was the worst performer, falling by 2.89% to 348.59. Shares of Industrias Penoles Sab De CV and GCC SAB de CV also declined. The number of rising stocks outnumbered declining ones, with 125 outperformers and 107 decliners, while 18 ended unchanged. Gold Futures for December delivery saw a 0.63% increase to $4,709.90, while crude oil for October delivery fell by 2.39% to $84.98, and November Brent oil dropped marginally.

The USD/MXN exchange rate remained unchanged at 16.94, and the EUR/MXN rate increased by 0.07% to 19.77. The US Dollar Index Futures also saw a 0.19% rise at 98.92.