Mexico shares lower at close of trade; S&P/BMV IPC down 0.49%

Source Investing

Investing.com – Mexico equities were lower at the close on Wednesday, as losses in the Industrials, Consumer Goods&Services and Consumer Staples sectors propelled shares lower.

At the close in Mexico, the S&P/BMV IPC declined 0.49%.

The biggest gainers of the session on the S&P/BMV IPC were Qualitas Controladora, SAB De CV (BMV:Q), which rose 3.38% or 4.66 points to trade at 142.58 at the close. Industrias Penoles Sab De CV (BMV:PEOLES) added 1.91% or 5.42 points to end at 288.68 and Alfa, S.A.B. De C.V. (BMV:ALFAA) was up 1.81% or 0.28 points to 15.76 in late trade.

Biggest losers included Genomma Lab Internacional SAB De CV (BMV:LABB), which lost 3.46% or 0.95 points to trade at 26.53 in late trade. Coca-Cola Femsa SAB de CV (BMV:KOFUBL) declined 2.94% or 4.86 points to end at 160.72 and Cemex SAB de CV (BMV:CEMEXCPO) shed 2.75% or 0.31 points to 10.97.

Declining stocks outnumbered rising ones by 127 to 99 and 19 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was down 0.97% or 25.25 to $2,581.05 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.07% or 0.05 to hit $68.07 a barrel, while the January Brent oil contract rose 0.11% or 0.08 to trade at $71.97 a barrel.

USD/MXN was down 0.14% to 20.55, while EUR/MXN fell 0.73% to 21.71.

The US Dollar Index Futures was up 0.41% at 106.39.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Ethereum (ETH) Price Closes Above $3,900 — Is a New All-Time High Possible Before 2024 Ends?Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
Author  Beincrypto
Dec 17, 2024
Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
placeholder
Analyst Flags XRP as Market’s ‘Best Risk/Reward’ Play as Token Tests Critical $1.60 SupportCrypto analyst Scott Melker identifies a prime risk/reward setup for XRP as it tests key support at $1.60, offering a tight stop-loss against potential upside targets near $2.00.
Author  Mitrade
Feb 03, Tue
Crypto analyst Scott Melker identifies a prime risk/reward setup for XRP as it tests key support at $1.60, offering a tight stop-loss against potential upside targets near $2.00.
placeholder
Ethereum Price Forecast: ETH faces heavy distribution as price slips below average cost basis of investorsEthereum (ETH) extended its decline on Wednesday, dropping more than 5% over the past 24 hours toward the $2,100 level, which is below the $2,310 average cost basis or realized price of investors, according to CryptoQuant's data.
Author  FXStreet
Feb 05, Thu
Ethereum (ETH) extended its decline on Wednesday, dropping more than 5% over the past 24 hours toward the $2,100 level, which is below the $2,310 average cost basis or realized price of investors, according to CryptoQuant's data.
placeholder
Bitcoin Leverage Flush Evaporates $775M as Capital Rotates Into Defensive Infra PlaysBitcoin's plunge to $70K triggers a $775M leverage washout, driving a capital rotation into quantum-secure infrastructure project BMIC as investors seek uncorrelated alpha.
Author  Mitrade
Feb 05, Thu
Bitcoin's plunge to $70K triggers a $775M leverage washout, driving a capital rotation into quantum-secure infrastructure project BMIC as investors seek uncorrelated alpha.
placeholder
Bitcoin Surrenders $65,000 as Analysts Warn of ‘Structural’ Market BreakBitcoin plunges 11% to break $65k as analysts term the crash "structural," citing a $1 trillion market wipeout and $2.09 billion in daily liquidations.
Author  Mitrade
Yesterday 01: 03
Bitcoin plunges 11% to break $65k as analysts term the crash "structural," citing a $1 trillion market wipeout and $2.09 billion in daily liquidations.
goTop
quote