Mexico's main equity gauge finished the trading session lower on Tuesday, with the S&P/BMV IPC ending down 0.66% as losses in several key sectors weighed on the market.
Sector performance was led lower by Industrials, Consumer Goods & Services and Consumer Staples, contributing to a session where more issues fell than rose on the exchange. At the close, declining issues outnumbered advancing ones by 142 to 83, and 11 stocks finished unchanged.
Among the index constituents, Industrias Penoles Sab De CV (BMV:PEOLES) paced the winners, advancing 1.60% - a rise of 13.72 points - to finish at 869.51. America Movil SAB de CV M (BMV:AMXB) also closed higher, adding 1.07% or 0.24 points to reach 22.74. Grocery retailer Grupo Comercial Chedraui, SAB De CV (BMV:CHDRAUIB) recorded a 0.79% gain, up 0.81 points to 103.97.
On the downside, airport operator Grupo Aeroportuario Del CentroNorte (BMV:OMAB) led losses, slipping 3.73% or 9.53 points to close at 245.78. Airline owner Controladora Vuela Compania de Aviacion SAB de CV (BMV:VOLARA) dropped 3.54%, down 0.45 points to 12.26, while Regional SAB de CV (BMV:RA) fell 3.32%, a decline of 5.21 points to end at 151.66.
Commodities markets showed mixed direction in the same session. Gold Futures for June delivery rose 1.02%, an increase of 47.55, settling at $4,732.25 a troy ounce. In energy markets, crude oil for May delivery declined 1.84% or $2.07 to $110.34 a barrel, and the June Brent contract fell 1.34% or $1.41 to trade at $103.72 a barrel.
Currency pairs involving the Mexican peso moved slightly higher. The USD/MXN rate increased 0.15% to 17.73, while the EUR/MXN climbed 0.20% to 20.57. The US Dollar Index Futures was weaker on the day, down 0.38% at 99.48.
The session's results left the benchmark lower overall, with mixed performances among individual large-cap names and notable pressure within industrial and consumer-oriented sectors. Market breadth was tilted toward declines as commodity and currency fluctuations accompanied the equity moves.