Mexico's stock market finished the trading day lower on Monday as sector-level losses in Industrials, Consumer Goods & Services and Consumer Staples outweighed gains elsewhere. At the close, the S&P/BMV IPC registered a decline of 0.13%.
Leading winners
The session's strongest performers on the benchmark included Megacable Holdings, S.A.B. De C.V. (BMV:MEGACPO), which rose 4.04% - a gain of 2.62 points - to finish at 67.50. Grupo Aeroportuario del Pacífico SAB De CV Class B (BMV:GAPB) gained 3.76% or 18.18 points to close at 501.90. Kimberly - Clark De Mexico A (BMV:KIMBERA) advanced 3.52%, adding 1.49 points to end the day at 43.79.
Largest decliners
On the downside, Grupo Financiero Inbursa, SAB De CV (BMV:GFINBURO) led losses, dropping 3.97% or 1.86 points to finish at 45.03. Banco Del Bajio SA Institution De Banca Multiple (BMV:BBAJIOO) slipped 2.74%, down 1.52 points to close at 53.96, while Grupo Carso, S.A.B. De C.V. (BMV:GCARSOA1) fell 2.65% or 3.44 points to end at 126.20.
Market breadth and notable highs
Advancing issues outnumbered decliners on the Mexico Stock Exchange by 68 to 59, with 20 names unchanged. Shares of Megacable rose to 3-years highs, gaining 4.04% or 2.62 to 67.50. Kimberly - Clark De Mexico A moved to 5-year highs after a 3.52% rise, increasing by 1.49 to 43.79.
Commodities and FX snapshot
Outside equities, commodities and currency pairs showed mixed activity. Gold Futures for April delivery fell 0.66%, down 33.20 to $5,013.10 a troy ounce. Crude oil for April delivery rose 1.29%, gaining 0.81 to reach $63.56 a barrel, while the April Brent oil contract climbed 1.27% or 0.86 to trade at $68.61 a barrel.
Foreign exchange moves included USD/MXN edging up 0.04% to 17.16, and EUR/MXN easing 0.07% to 20.34. The US Dollar Index Futures was higher, up 0.16% at 96.98.
The session reflected a patchwork of gains and losses across sectors, with transportation-related and telecommunications-linked names among the stronger performers while financials and industrial exposures recorded notable weakness. The modest decline in the S&P/BMV IPC came despite more advancing stocks than decliners, indicating that the largest market-cap declines were concentrated enough to pull the index down.