Mexico's equities finished lower on Friday, with the S&P/BMV IPC closing down 0.56% as several sectors, including Industrials, Consumer Goods & Services and Consumer Staples, recorded losses that pushed the benchmark lower.
The index contraction reflected mixed results across individual names. Leading the gainers was Grupo Comercial Chedraui, SAB De CV (BMV:CHDRAUIB), which rose 2.06% or 2.17 points to finish at 107.73. Corporacion Inmobiliaria Vesta SAB (BMV:VESTA) added 1.94% or 1.13 points to end the day at 59.38. Shares of Becle SA (BMV:CUERVO) advanced 1.86% or 0.29 points to close at 15.85.
On the downside, Controladora Vuela Compania de Aviacion SAB de CV (BMV:VOLARA) led the losers, falling 5.93% or 0.80 points to trade at 12.69 at the close. Qualitas Controladora, SAB De CV (BMV:Q) declined 4.51% or 7.82 points to finish at 165.40. Industrias Penoles Sab De CV (BMV:PEOLES) was down 3.56% or 27.57 points to 746.04.
Market breadth at the Mexico Stock Exchange showed more falling issues than advancing ones, with 115 decliners versus 107 advancers and 17 stocks unchanged.
Commodities and FX at the close
Commodity markets saw marked gains by the close. June delivery Gold Futures rose 2.55% or 112.30 to $4,521.30 a troy ounce. Crude oil for May delivery jumped 7.09% or 6.70 to $101.18 a barrel, while the June Brent contract gained 4.91% or 5.00 to trade at $106.89 a barrel.
In currency markets, the peso weakened against the greenback, with USD/MXN up 0.98% to 18.12. The euro-to-peso cross, EUR/MXN, rose 0.84% to 20.86. The US Dollar Index Futures was higher by 0.32% at 100.03.
The session closed with mixed sector dynamics and notable moves in commodities and foreign-exchange rates, while market breadth showed a slight tilt toward falling stocks. Observers will likely monitor whether these patterns persist into the next trading session.