Mexico stocks higher at close of trade; S&P/BMV IPC up 1.13%

Mexico's stock market experienced a positive close on Friday, with the S&P/BMV IPC rising by 1.13%, according to Reuters. The Industrials, Consumer Goods & Services, and Consumer Staples sectors contributed to the gains. Alsea, S.A.B. De C.V. led the market with a 4.34% increase, closing at 44.97. Regional SAB de CV and Grupo Aeroportuario Del CentroNorte also posted gains, rising by 3.16% and 2.39%, respectively.

Conversely, Becle SA saw a decline of 3.99%, ending at 14.20. Grupo Televisa SAB Unit and Gentera SAB de CV fell by 0.95% and 0.88%, closing at 8.31 and 36.19, respectively. The number of rising stocks, 151, significantly outnumbered the number of declining stocks, 88, with 15 ending unchanged. Gold Futures for December delivery experienced a 0.52% increase, reaching $4,320.50 per troy ounce.

Crude oil for November delivery dropped by 2.29% to $92.44 per barrel, while the November Brent oil contract fell by 2.02% to $104.45 per barrel. The USD/MXN exchange rate decreased by 0.19% to 17.68, and EUR/MXN fell by 0.09% to 20.14. The US Dollar Index Futures also experienced a decline of 0.26%, settling at 100.76.