Mexico Stocks Higher at Close of Trade; S&P/BMV IPC Up 1.50%

• Mexico's stock market closed higher on Tuesday, driven by gains in Industrials, Consumer Goods & Services, and Consumer Staples sectors.
• Top laggards: Becle -2.49%, Megacable -1.15%, Arca Continental -1.04%; Notable gainer: Industrias Peoles surged 6.74% to a 5-year high at 655.07.
• Market breadth was weak, with 126 decliners vs 118 advancers, while 17 stocks ended unchanged.

Investing - Mexico stocks were higher after the close on Tuesday, as gains in the Industrials, Consumer Goods & Services and Consumer Staples sectors led shares higher.
At the close in Mexico, the S&P/BMV IPC gained 1.50% to hit a new all time high.
The best performers of the session on the S&P/BMV IPC were Industrias Penoles Sab De CV, which rose 6.74% or 41.37 points to trade at 655.07 at the close. Meanwhile, Promotora y Operadora de Infraestructura SAB de CV added 4.26% or 10.00 points to end at 245.00 and Banco Del Bajio SA Institution De Banca Multiple was up 3.02% or 1.35 points to 46.01 in late trade.
The worst performers of the session were Becle SA, which fell 2.49% or 0.54 points to trade at 21.14 at the close. Megacable Holdings, S.A.B. De C.V. declined 1.15% or 0.64 points to end at 55.17 and Arca Continental , S.A.B. De C.V. was down 1.04% or 2.03 points to 192.51.
Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 126 to 118 and 17 ended unchanged.
Shares in Industrias Penoles Sab De CV rose to 5-year highs; gaining 6.74% or 41.37 to 655.07.
Gold Futures for December delivery was up 2.38% or 83.55 to $3,599.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 2.55% or 1.63 to hit $65.64 a barrel, while the November Brent oil contract rose 0.06% or 0.04 to trade at $69.14 a barrel.
USD/MXN was up 0.11% to 18.72, while EUR/MXN unchanged 0.00% to 21.79.
The US Dollar Index Futures was up 0.59% at 98.27. (AI)

Sumber : Investing