Mexico shares lower at close of trade; S&P/BMV IPC down 0.32%

Source Investing

Investing.com – Mexico equities were lower at the close on Tuesday, as losses in the Industrials, Consumer Goods&Services and Consumer Staples sectors propelled shares lower.

At the close in Mexico, the S&P/BMV IPC lost 0.32% to hit a new 6-month low.

The biggest gainers of the session on the S&P/BMV IPC were Alfa, S.A.B. De C.V. (BMV:ALFAA), which rose 17.07% or 1.90 points to trade at 13.03 at the close. Genomma Lab Internacional SAB De CV (BMV:LABB) added 3.75% or 0.74 points to end at 20.47 and Orbia Advance Corporation SAB de CV (BMV:ORBIA) was up 2.83% or 0.54 points to 19.64 in late trade.

Biggest losers included Alsea , S.A.B. De C.V. (BMV:ALSEA), which lost 3.44% or 1.83 points to trade at 51.34 in late trade. America Movil SAB de CV M (BMV:AMXB) declined 3.33% or 0.54 points to end at 15.69 and Regional SAB de CV (BMV:RA) shed 3.10% or 3.74 points to 116.74.

Advancing stocks outnumbered falling ones by 117 to 106 and 22 ended unchanged on the Mexico Stock Exchange.

In commodities trading, Gold Futures for December delivery was up 0.52% or 13.05 to $2,545.75 a troy ounce. Meanwhile, Crude oil for delivery in October fell 3.49% or 2.40 to hit $66.31 a barrel, while the November Brent oil contract fell 0.04% or 0.03 to trade at $69.72 a barrel.

USD/MXN was unchanged 0.01% to 20.09, while EUR/MXN fell 0.07% to 22.14.

The US Dollar Index Futures was up 0.12% at 101.64.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold ends three-week slide at the $4,400 line — eight straight days of ETF inflows vs a 5% 10-year and a 100 dollarSpot gold closed Friday at $4,378.39, up 0.84% on the day and about 0.8% for the week — its first weekly gain in four weeks — with the intraday high of $4,399.67 leaving it 33 cents shy of the $4,400 line. Gold ETFs have now logged eight straight sessions of inflows, but with the 10-year back above 5% and the dollar index near 100, here is what decides whether this is a reversal or a bounce.
Author  Suzie
Sep 20, Sun
Spot gold closed Friday at $4,378.39, up 0.84% on the day and about 0.8% for the week — its first weekly gain in four weeks — with the intraday high of $4,399.67 leaving it 33 cents shy of the $4,400 line. Gold ETFs have now logged eight straight sessions of inflows, but with the 10-year back above 5% and the dollar index near 100, here is what decides whether this is a reversal or a bounce.
placeholder
WTI (USOIL) Is down 2.13% on Sep 22: What Is Driving the Move?WTI (USOIL) is down 2.13% at Sep 22 05:55(ET), now at $89.999, with a 7-day down of 12.84%.What is driving WTI (USOIL)’s stock price down today?The retreat in US crude oil benchmark prices was primari
Author  TradingKey
Sep 22, Tue
WTI (USOIL) is down 2.13% at Sep 22 05:55(ET), now at $89.999, with a 7-day down of 12.84%.What is driving WTI (USOIL)’s stock price down today?The retreat in US crude oil benchmark prices was primari
placeholder
October hike odds climb toward 60% as Goldman and BofA both flip — what Warsh's "dose of accommodation" really changedRate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
Author  Irene Q.
Yesterday 06: 22
Rate futures now price roughly 55% to 62% for a 25bp hike at the October 27-28 FOMC, up from about 30% before Chair Warsh's post-meeting framing that the Fed is merely "removing some accommodation." Goldman Sachs has added an October hike to its forecast and Bank of America now sees moves in both October and December. Here is the repricing, the language behind it, and the two data points that decide it.
placeholder
Memory chips surge, Nasdaq notches a second straight record close — why the Dow fell 185 points anywayMicron gained 5%, SanDisk 6.8%, Seagate 4% and Western Digital 3% as the memory complex led the Nasdaq Composite to a second consecutive record close of 27,244.28. But the Dow fell 185 points as JPMorgan, Wells Fargo and Schwab slid more than 3% each — a split tape that says more about positioning than about the economy.
Author  Irene Q.
Yesterday 06: 51
Micron gained 5%, SanDisk 6.8%, Seagate 4% and Western Digital 3% as the memory complex led the Nasdaq Composite to a second consecutive record close of 27,244.28. But the Dow fell 185 points as JPMorgan, Wells Fargo and Schwab slid more than 3% each — a split tape that says more about positioning than about the economy.
placeholder
Gold Price Forecast: XAU/USD drifts toward $4.300 with bears gaining tractionGold (XAU/USD) retraces Tuesday’s gains on Wednesday and drifts lower, approaching the $4,300 area as the US Dollar Index (DXY) rallies further amid high US Treasury yields.
Author  FXStreet
22 hours ago
Gold (XAU/USD) retraces Tuesday’s gains on Wednesday and drifts lower, approaching the $4,300 area as the US Dollar Index (DXY) rallies further amid high US Treasury yields.
goTop
quote