Mexico's stock market finished higher on Wednesday, with selective sector strength pushing the benchmark index up at the close. The S&P/BMV IPC rose 1.01% as gains in Industrials, Consumer Goods & Services and Consumer Staples supported the advance.
Top performers included Grupo Televisa SAB Unit (TLEVISACPO), which led the session with a 6.44% increase, adding 0.65 points to close at 10.75. Megacable Holdings, S.A.B. De C.V. (MEGACPO) also posted notable gains, up 5.06% or 2.94 points to finish at 61.07. Shares of Grupo Aeroportuario del Pacifico SAB De CV Class B (GAPB) rose 3.59%, gaining 14.53 points to end the day at 419.00.
Lagging names on the index included Becle SA (CUERVO), which declined 4.95% or 0.82 points to close at 15.75. Regional SAB de CV (RA) fell 2.35%, down 3.44 points to 143.00, while Grupo Comercial Chedraui, SAB De CV (CHDRAUIB) slipped 2.26% or 2.36 points to finish at 102.10.
Advancers outnumbered decliners on the Mexico Stock Exchange, with 142 stocks rising, 93 falling and 10 ending unchanged.
Commodities and currencies
In commodity markets, Gold Futures for June delivery declined 0.75%, or $36.40, settling at $4,813.70 per troy ounce. U.S. crude oil for May delivery edged higher by 0.12% or $0.11 to $91.39 a barrel, while the June Brent contract was up 0.07% or $0.07 to $94.97 a barrel.
On the currency front, the peso held mostly steady against the dollar. USD/MXN was effectively unchanged, moving 0.01% to 17.25, while EUR/MXN rose 0.07% to 20.36. The US Dollar Index Futures was marginally lower, down 0.03% at 97.88.
The market's advance was broad-based across several key consumer and industrial names, while some staples and regional companies recorded declines. The session combined equity gains with mixed reactions in commodities and modest currency movement as market participants closed out midweek trading.