Mexico stocks lower at close of trade; S&P/BMV IPC down 0.60%
On Thursday, Mexico's stock market closed lower, with the S&P/BMV IPC index falling by 0.60%. The decline was driven by losses across key sectors, including Industrials, Consumer Goods & Services, and Consumer Staples. Gruma SAB de CV emerged as the top gainer of the session, up 1.57% to 238.49, while Industrias Penoles Sab De CV and Promotora y Operadora de Infraestructura SAB de CV also saw gains of 1.45% and 1.13%, respectively.
Conversely, Grupo Aeroportuario del Pacifico SAB De CV Class B, Becle SAB de CV, and Regional SAB de CV were among the worst performers, with declines of 3.59%, 1.68%, and 1.59%, respectively. The market saw more stocks rise than fall, with 136 outperformers to 104 underperformers, leaving 14 unchanged. Gold futures for December delivery increased by 0.12% to $4,207.55, while Crude oil for November delivery rose 2.75% to $92.91 per barrel, and December Brent oil climbed 1.30% to $103.57.
USD/MXN and EUR/MXN both gained 0.12% and 0.17%, respectively, while the US Dollar Index Futures slipped 0.07%.
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