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Mexico stocks higher at close of trade; S&P/BMV IPC up 0.69%

Mexico stocks higher at close of trade; S&P/BMV IPC up 0.69%

Mexico stocks closed higher on Monday, with the S&P/BMV IPC increasing by 0.69%. Industrials, Consumer Goods & Services, and Consumer Staples sectors led the gains. America Movil SAB de CV M rose 3.62%, Grupo Aeroportuario del Pacifico SAB De CV Class B added 3.50%, and Grupo Carso, S.A.B. De C.V. Series A1 climbed 2.99%. The worst performers were Genomma Lab Internacional SAB De CV, down 2.34%, Grupo Financiero Banorte fell 1.60%, and GCC SAB de CV declined 1.48%.

Gold Futures for December delivery rose 0.26% to $4,167.60 per troy ounce, while Crude oil for November delivery fell 1.99% to $89.30 per barrel, and December Brent oil fell 0.02% to $100.26 a barrel. Exchange rates remained stable, with USD/MXN unchanged at 18.08 and EUR/MXN up 0.03% to 20.29. US Dollar Index Futures decreased by 0.04% to 101.89.

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