Mexico stocks lower at close of trade; S&P/BMV IPC down 0.78%

On Friday, Mexican stocks closed lower, dragged down by losses in the Industrials, Consumer Goods & Services, and Consumer Staples sectors. The S&P/BMV IPC index fell by 0.78%, reaching a six-month low. Among the top gainers were Orbia Advance Corporation SAB de CV, which rose 4.09% to 19.61, Alsea, S.A.B. De C.V., which added 3.24% to 44.55, and Industrias Penoles Sab De CV, which increased by 2.50% to 900.00.

The worst performers of the day were Grupo Comercial Chedraui, SAB De CV, which dropped 4.72% to 83.94, GCC SAB de CV, which fell 2.91% to 177.58, and Grupo Financiero Inbursa, SAB De CV, which declined 2.60% to 41.21. There were 136 falling stocks to 94 advancing ones, with 16 ending unchanged. Grupo Comercial Chedraui's stock reached its three-year lows, slipping 4.72% to 83.94.

Gold Futures for December delivery gained 0.37% to $4,415.90 per troy ounce. Crude oil for October delivery dropped 2.34% to $99.53, and the November Brent oil contract decreased 1.56% to $103.19. The USD/MXN exchange rate rose by 0.39% to 17.23, while the EUR/MXN climbed 0.49% to 19.79. The US Dollar Index Futures slipped 0.05% to 99.94.