Mexico's equities finished the trading session higher on Thursday, with the S&P/BMV IPC rising 1.72% by the close as gains in Industrials, Consumer Goods & Services and Consumer Staples supported the advance.
The index-level improvement reflected broad activity across several sectors. The session's strongest performers on the S&P/BMV IPC included Industrias Peñoles Sab De CV (BMV:PEOLES), which jumped 5.05% - a gain of 38.01 points - to end at 791.00. GCC SAB de CV (BMV:GCC) added 4.08%, or 8.18 points, closing at 208.47. Grupo Aeroportuario Del Centro-Norte (BMV:OMAB) rose 3.06%, or 7.23 points, finishing the day at 243.69.
On the other side of the ledger, some notable declines occurred. Grupo Televisa SAB Unit (BMV:TLEVISACPO) slipped 1.33%, or 0.13 points, to close at 9.61. Alsea, S.A.B. De C.V. (BMV:ALSEA) decreased 1.25%, or 0.56 points, ending at 44.33. Wal Mart de Mexico SAB de CV (BMV:WALMEX) was down 0.76% - a fall of 0.39 points - to 51.12 at the close.
Market breadth was nearly balanced but tilted slightly toward decliners; falling stocks narrowly outnumbered advancing ones by 122 to 121 on the Mexico Stock Exchange, with 22 issues unchanged.
Alsea recorded a 52-week low during the session, with its share price moving down to 44.33, representing the 1.25% intraday decline noted above.
Commodities and currencies
Commodity markets provided additional context for trading. Gold Futures for August delivery rose 0.82%, gaining 32.80 to trade at $4,041.60 a troy ounce. Crude oil also moved higher: the August delivery contract increased 1.61% or 1.13 to $71.47 a barrel, while the September Brent contract ticked up 0.12% or 0.09 to $75.08 a barrel.
Currency pairs involving the peso displayed small gains. USD/MXN was up 0.09% to 17.50, and EUR/MXN rose 0.09% to 19.90. The US Dollar Index Futures settled lower by 0.14% at 101.25.
The session's price action left the S&P/BMV IPC higher by 1.72% at the close, reflecting the combination of sector leadership and commodity-currency movements captured during Thursday's trading.