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Mexico stocks higher at close of trade; S&P/BMV IPC up 0.53%

by January 24, 2025
by January 24, 2025

Investing.com – Mexico stocks were higher after the close on Friday, 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 0.53% to hit a new 1-month high.

The best performers of the session on the S&P/BMV IPC were Gentera SAB de CV (BMV:GENTERA), which rose 4.02% or 1.07 points to trade at 27.72 at the close. Meanwhile, Alsea , S.A.B. De C.V. (BMV:ALSEA) added 3.27% or 1.38 points to end at 43.60 and Cemex SAB de CV (BMV:CEMEXCPO) was up 2.46% or 0.29 points to 12.07 in late trade.

The worst performers of the session were GCC SAB de CV (BMV:GCC), which fell 4.10% or 7.77 points to trade at 181.78 at the close. Orbia Advance Corporation SAB de CV (BMV:ORBIA) declined 2.20% or 0.31 points to end at 13.75 and Becle SA (BMV:CUERVO) was down 1.51% or 0.29 points to 18.92.

Falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 106 to 104 and 13 ended unchanged.

Gold Futures for February delivery was up 0.45% or 12.41 to $2,777.41 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.08% or 0.06 to hit $74.56 a barrel, while the March Brent oil contract rose 0.17% or 0.13 to trade at $78.42 a barrel.

USD/MXN was down 0.46% to 20.28, while EUR/MXN rose 0.28% to 21.28.

The US Dollar Index Futures was down 0.55% at 107.27.

This post appeared first on investing.com
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