Mexico's equity benchmark, the S&P/BMV IPC, ended the trading day down 0.29% as sector-level weakness in Industrials, Consumer Goods & Services and Consumer Staples exerted downward pressure on the market.
At the close, Bolsa Mexicana De Valores SAB De CV (BMV:BOLSAA) was the session's strongest performer on the index, advancing 4.46% or 1.62 points to finish at 37.93. Genomma Lab Internacional SAB De CV (BMV:LABB) rose 2.80% or 0.48 points to 17.62, while Grupo Televisa SAB Unit (BMV:TLEVISACPO) gained 2.54% or 0.28 points to close at 11.29.
On the downside, Grupo Mexico, S.A.B. De C.V. (BMV:GMEXICOB) led decliners, dropping 3.61% or 7.57 points to end the session at 201.89. Industrias Penoles Sab De CV (BMV:PEOLES) fell 2.92% or 32.43 points to 1,080.00, and Wal Mart de Mexico SAB de CV (BMV:WALMEX) decreased 1.42% or 0.83 points to close at 57.47.
Market breadth was mixed: rising stocks outnumbered decliners on the Mexico Stock Exchange by 134 to 128, with 19 issues finishing unchanged.
Commodities showed softness during the session. Gold Futures for April delivery declined 0.61% or 31.00 to trade at 5,048.40 a troy ounce. Crude oil for March delivery slipped 0.28% or 0.18 to $64.18 a barrel, and the April Brent oil contract eased 0.07% or 0.05 to $68.99 a barrel.
In currency markets, the peso moved slightly; USD/MXN rose 0.09% to 17.20 while EUR/MXN fell 0.11% to 20.46. The US Dollar Index Futures was up 0.05% at 96.74.
Below are concise takeaways and considerations based strictly on the session's reported results.
- Summary: The S&P/BMV IPC closed lower by 0.29% as losses in industrial and consumer-related sectors offset gains in select stocks.
- Notable winners: BOLSAA, LABB and TLEVISACPO recorded the largest percentage gains among index constituents at the close.
- Notable losers: GMEXICOB, PEOLES and WALMEX were the largest decliners in percentage terms during the session.
This account reflects the market outcomes and price levels reported at the close of trading and does not extend beyond the facts provided for that session.