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Mexico stocks higher at close of trade; S&P/BMV IPC up 0.13%

Mexico stocks higher at close of trade; S&P/BMV IPC up 0.13%

Mexico's stock market closed higher on Wednesday after gains in the Industrials, Consumer Goods & Services, and Consumer Staples sectors. The S&P/BMV IPC index rose 0.13% to reach a new all-time high. Regional SAB de CV experienced the strongest performance, climbing 2.18% to 163.02, while Grupo Bimbo and Grupo Carso led with 2.06% and 2.15% gains respectively.

The worst performers included Grupo Televisa and Wal Mart de Mexico, both declining 5.19% and 1.78% respectively. Shares in Regional SAB de CV and Grupo Bimbo hit their 52-week highs during the trading session. Gold Futures for December delivery experienced a slight drop, down 0.96% to $3,991.52 per troy ounce, while crude oil and Brent oil futures rose.

The USD/MXN exchange rate remained unchanged at 18.61, and the EUR/MXN fell 0.68% to 20.64. The US Dollar Index Futures increased by 0.70% to 102.85.

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