Mexico stocks higher at close of trade; S&P/BMV IPC up 0.25%
Mexico's stocks experienced a surge in after-hours trading on Monday, with the S&P/BMV IPC index climbing 0.25%. Industrials, Consumer Goods & Services, and Consumer Staples sectors were primarily responsible for the upward momentum. The S&P/BMV IPC's top gainers included Grupo Televisa SAB Unit, which soared 8.75% to 8.70, Controladora Vuela Compania de Aviacion SAB de CV, which climbed 4.34% to 11.78, and Grupo Comercial Chedraui, SAB De CV, which increased 3.05% to 86.89.
Conversely, Kimberly - Clark De Mexico A saw a loss of 3.88% at 38.14, Wal Mart de Mexico SAB de CV dropped 2.53% to 45.15, and Arca Continental, S.A.B. De C.V. fell 2.46% to 196.32. The Mexico Stock Exchange saw 151 stocks rise, 93 decline, and 19 finish unchanged. Wal Mart de Mexico SAB de CV reached a 5-year low with a 2.53% decline to 45.15.
Gold Futures for December delivery decreased by 0.99% to $4,381.00, while Crude oil for November delivery dropped 4.28% to $91.97, and the November Brent oil contract fell marginally by 0.08% to $100.01. USD/MXN remained steady at 17.22, and EUR/MXN rose 0.03% to 19.74. The US Dollar Index Futures gained 0.22% at 100.15.
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