Mexico's main stock index closed lower on Friday, with sector declines in Industrials, Consumer Goods & Services and Consumer Staples contributing to the downturn.
At the close in Mexico, the S&P/BMV IPC fell 0.23%.
Notable movers
- Becle SA (BMV:CUERVO) was the session's top performer on the index, rising 1.85% or 0.26 points to finish at 14.34.
- Arca Continental, S.A.B. De C.V. (BMV:AC) climbed 1.57% or 3.44 points to close at 222.01; the stock reached an all-time high in the session.
- America Movil SAB de CV M (BMV:AMXB) added 1.21% or 0.28 points to settle at 23.45.
Largest decliners
- Bolsa Mexicana De Valores SAB De CV (BMV:BOLSAA) fell 4.13% or 1.63 points to end at 37.79.
- Grupo Bimbo, S.A.B. De C.V. (BMV:BIMBOA) declined 2.97% or 1.79 points to finish at 58.50.
- Controladora Vuela Compania de Aviacion SAB de CV (BMV:VOLARA) was down 2.49% or 0.34 points, closing at 13.30.
Market breadth favored declines: falling stocks outnumbered advancing ones on the Mexico Stock Exchange by 142 to 108, while 10 issues finished unchanged.
Commodities and currencies
- Gold Futures for June delivery rose 0.27% or 12.80 to $4,723.70 a troy ounce.
- Crude oil for June delivery slipped 0.14% or 0.13 to $94.68 a barrel.
- The July Brent oil contract increased 0.51% or 0.51 to trade at $100.57 a barrel.
- USD/MXN declined 0.73% to 17.17, while EUR/MXN fell 0.21% to 20.24.
- US Dollar Index Futures was down 0.22% at 97.73.
The session showed a split between individual winners and broader weakness across several key domestic sectors. While some consumer and industrial names posted gains, the overall index ended the day lower amid a greater number of decliners than advancers.