Market close
Mexico's main stock gauge ended Thursday in negative territory, with the S&P/BMV IPC falling 0.88% to register a fresh one-month low at the close. The session's downturn was driven by losses across the Industrials, Consumer Goods & Services and Consumer Staples sectors.
Notable performers
Among index constituents, several airport operators posted the session's strongest gains. Grupo Aeroportuario Del CentroNorte (BMV:OMAB) finished up 2.42% - adding 5.84 points to reach 247.29. Grupo Aeroportuario del Pacifico SAB De CV Class B (BMV:GAPB) also climbed 2.42%, or 10.06 points, to close at 425.72, while Grupo Aeroportuario Del Sureste (BMV:ASURB) rose 1.96%, a 11.18-point increase that left it at 580.88 at the market close.
Heaviest losses
On the downside, Industrias Penoles Sab De CV (BMV:PEOLES) recorded the steepest fall, plunging 8.53% - a decline of 73.66 points - to settle at 789.58. Genomma Lab Internacional SAB De CV (BMV:LABB) dropped 8.10%, losing 1.53 points to finish at 17.35. Miner and infrastructure group Grupo Mexico, S.A.B. De C.V. (BMV:GMEXICOB) declined 3.34%, or 6.21 points, to end the session at 179.83.
Market breadth and activity
Weakness was broad-based on the Mexico Stock Exchange, where decliners outnumbered advancers by 156 to 80, with 14 stocks unchanged at the close.
Commodities and currencies
Commodities showed mixed movement during the trading day. Gold Futures for April delivery was down 4.99%, a decline of 244.30, to $4,651.90 a troy ounce. In energy markets, Crude oil for May delivery fell 0.91%, or $0.87, to $94.59 a barrel, while the May Brent contract slipped 0.17%, or $0.18, to $107.61 a barrel.
On the foreign exchange front, the peso edged slightly stronger against the dollar. USD/MXN declined 0.04% to 17.72, and EUR/MXN fell 0.07% to 20.53. The US Dollar Index Futures moved lower as well, down 0.84% at 99.03.
Outlook notes
The session closed with the benchmark at a one-month low and a clear skew toward falling names across key sectors. Commodity price moves and modest currency shifts accompanied the equity weakness, while airport operators provided notable pockets of strength within the index.