Mexico Stock Market Update

Investing.com – Mexico stocks were higher after the close on Wednesday, 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 0.98%.

Best Performers

• GCC SAB de CV (BMV:GCC): rose 4.84% (8.57 points) to trade at 185.51.
• Qualitas Controladora, SAB De CV (BMV:Q): added 4.16% (6.66 points) to end at 166.74.
• Controladora Vuela Compania de Aviacion SAB de CV (BMV:VOLARA): up 3.83% (0.61 points) to 16.55 in late trade.

Worst Performers

• Grupo Elektra, S.A.B. De C.V. (BMV:ELEKTRA): fell 4.36% (12.53 points) to trade at 274.99.
• Grupo Carso, S.A.B. De C.V. (BMV:GCARSOA1): declined 3.78% (4.79 points) to end at 121.77.
• Grupo Financiero Inbursa, SAB De CV (BMV:GFINBURO): down 2.07% (1.01 points) to 47.90.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 124 to 118, with 11 ending unchanged.

Commodities Update

• Gold Futures for February delivery rose 0.23% (6.11) to $2,674.01 a troy ounce.
• Meanwhile, Crude oil for January delivery fell 1.86% (1.30) to $68.64 a barrel, while the February Brent oil contract dropped 1.70% (1.25) to trade at $72.37 a barrel.

Currency Update

• USD/MXN was unchanged at 20.30.
• EUR/MXN fell 0.07% to 21.34.
• The US Dollar Index Futures was slightly up 0.01% at 106.35.