Mexico's main stock index finished the trading day in negative territory, with the S&P/BMV IPC falling 0.30% at the close. Losses in the Industrials, Consumer Goods & Services and Consumer Staples sectors were behind the downward pressure on the benchmark.
Top and bottom performers
The session's strongest gains on the S&P/BMV IPC were recorded by Alsea, S.A.B. De C.V. (BMV:ALSEA), which advanced 2.77% or 1.56 points to finish at 57.97. Airport operator Grupo Aeroportuario Del CentroNorte (BMV:OMAB) added 2.07% or 5.71 points to close at 282.05, and America Movil SAB de CV M (BMV:AMXB) climbed 1.96% or 0.40 points to end the day at 20.84.
On the downside, Industrias Penoles Sab De CV (BMV:PEOLES) led losses, sliding 4.36% or 45.28 points to a close of 993.53. Grupo Mexico, S.A.B. De C.V. (BMV:GMEXICOB) fell 3.70% or 7.54 points to 196.16, while Grupo Televisa SAB Unit (BMV:TLEVISACPO) declined 2.88% or 0.33 points to 11.14.
Market breadth and milestones
Declining issues narrowly outnumbered advancing ones on the Mexico Stock Exchange, with 124 stocks down compared with 121 that rose, and 25 remaining unchanged. A notable milestone in the session was Grupo Aeroportuario Del CentroNorte (BMV:OMAB) reaching all-time highs, finishing up 2.07% at 282.05.
Commodities and currencies
Commodities were generally lower on the day. Gold futures for April delivery slipped 2.94% or 148.20 to trade at $4,898.10 a troy ounce. In energy markets, crude oil for April delivery declined 0.96% or 0.60 to $62.15 a barrel, while the April Brent contract dropped 1.94% or 1.33 to $67.32 a barrel.
Currency moves accompanied the equity slide. The USD/MXN rate fell 0.19% to 17.13, and EUR/MXN declined 0.17% to 20.30. On broader currency measures, US Dollar Index Futures were higher by 0.23%, trading at 97.04.
The session highlighted mixed performance across sectors, with particular weakness in industrial and consumer-related names alongside selective strength among select service and communications stocks. Market participants tracked commodity and currency movements that coincided with the equity action.