Mexico stocks lower at close of trade; S&P/BMV IPC down 0.53%

Mexico's stock market concluded lower on Friday, with the S&P/BMV IPC descending 0.53% at the close. Several sectors, including Industrials, Consumer Goods & Services and Consumer Staples, contributed to the decline. The top-performing stocks on the S&P/BMV IPC were Gentera SAB de CV, which gained 1.27% or 0.53 points to close at 42.32, followed by Kimberly-Clark De Mexico A (+0.88% or 0.35 points to 40.13) and Grupo Financiero Inbursa, SAB De CV (+0.55% or 0.24 points to 44.22).

In contrast, the worst performers were Grupo Aeroportuario del Pacifico SAB De CV Class B (-3.10% or 11.30 points to 353.74), Industrias Penoles Sab De CV (-2.24% or 20.80 points to 906.96), and Grupo Aeroportuario Del CentroNorte (-2.04% or 4.46 points to 213.65). There were 128 stock gains and 96 losses on the Mexico Stock Exchange, with 11 stocks remaining unchanged.

Gold Futures for December delivery experienced a 3.43% drop to $4,504.10 per troy ounce. Crude oil for October delivery decreased slightly by 0.11% to $83.44 per barrel, while the November Brent oil contract fell 0.27% to $88.28 per barrel. USD/MXN strengthened to 17.03, while EUR/MXN weakened to 19.73. The US Dollar Index Futures concluded the day up 0.55% at 99.64.