Mexico's equity market ended the trading day in negative territory on Tuesday as selling pressure in Industrials, Consumer Goods & Services and Consumer Staples drove the S&P/BMV IPC down 0.37%, closing at a fresh one-month low.
Top gainers
- Grupo Televisa SAB Unit (BMV:TLEVISACPO) led advancers, climbing 4.95% - a gain of 0.46 points - to finish the session at 9.76.
- Becle SA (BMV:CUERVO) rose 1.76% or 0.25 points to close at 14.45.
- America Movil SAB de CV M (BMV:AMXB) was up 1.57% - 0.34 points - to end the day at 22.05.
Largest decliners
- Industrias Penoles Sab De CV (BMV:PEOLES) registered the steepest drop among major names, falling 3.93% or 33.15 points to close at 810.34.
- Alsea, S.A.B. De C.V. (BMV:ALSEA) slipped 2.59% - down 1.28 points - to finish at 48.22.
- Kimberly - Clark De Mexico A (BMV:KIMBERA) declined 2.11% or 0.78 points to end the session at 36.16.
Market breadth favored losers, with 152 issues declining compared with 98 advancing on the Mexico Stock Exchange. Nine stocks finished unchanged.
Commodities and currency moves
Precious metals and energy markets showed mixed outcomes. Gold futures for August delivery fell 1.80%, a decline of 78.55, to $4,284.85 per troy ounce. In the oil complex, July crude lost 2.84% or $2.59 to settle at $88.71 a barrel, while the August Brent contract edged higher by 0.49% or $0.45 to $92.26 a barrel.
On the currency front, the Mexican peso experienced small moves against major currencies. USD/MXN rose 0.07% to 17.45, and EUR/MXN increased 0.07% to 20.14. Separately, US Dollar Index Futures were down 0.05% at 99.98.
The session's data underline cross-market influences on Mexican equities, with declines concentrated in sectors sensitive to industrial activity and consumer demand, while select media and telecom names posted gains.