Mexico's stock market closed in positive territory on Monday, with the S&P/BMV IPC finishing the session up 0.37% as gains in Industrials, Consumer Goods & Services and Consumer Staples provided upward momentum.
The session's strongest performers within the S&P/BMV IPC were airport-related names. Grupo Aeroportuario Del CentroNorte (BMV:OMAB) led the board, rising 7.64% or 16.74 points to finish at 235.98. Grupo Aeroportuario Del Sureste (BMV:ASURB) added 5.09% or 25.11 points to close at 518.53, and Controladora Vuela Compania de Aviacion SAB de CV (BMV:VOLARA) gained 4.79% or 0.66 points to end the day at 14.43.
On the downside, several consumer and exchange-related stocks posted notable declines. Alsea, S.A.B. De C.V. (BMV:ALSEA) fell 3.53% or 1.70 points to close at 46.46. Bolsa Mexicana De Valores SAB De CV (BMV:BOLSAA) slipped 3.12% or 1.16 points to 35.99, while Gentera SAB de CV (BMV:GENTERA) declined 3.09% or 1.14 points to end the session at 35.72.
Market breadth favored advancers, with 145 stocks closing higher versus 103 that declined, and 9 issues finishing unchanged on the exchange.
Two issuers hit 52-week lows during the trading day. Shares of Alsea (BMV:ALSEA) dropped to a 52-week low at 46.46 after losing 3.53% in the session. Gentera (BMV:GENTERA) likewise fell to a 52-week low, ending at 35.72 after a 3.09% retreat.
Commodities traded mixed alongside the equity moves. Gold Futures for August delivery rose 2.18% or 92.40 to $4,331.20 a troy ounce. In the oil complex, the U.S. crude contract for July delivery declined 4.41% or 3.74 to $81.14 a barrel, while the August Brent contract inched up 0.10% or 0.08 to trade at $83.60 a barrel.
Currency moves were modest. USD/MXN ticked up 0.03% to 17.22, and EUR/MXN rose 0.05% to 19.96. The U.S. Dollar Index Futures was down 0.07% at 99.42.
Key market data from the session included:
- S&P/BMV IPC - up 0.37%.
- Top gainers: OMAB +7.64% (235.98), ASURB +5.09% (518.53), VOLARA +4.79% (14.43).
- Top decliners: ALSEA -3.53% (46.46), BOLSAA -3.12% (35.99), GENTERA -3.09% (35.72).
- Advancers vs decliners: 145 vs 103; unchanged: 9.
- Gold (Aug) +2.18% to $4,331.20/oz; Crude oil (Jul) -4.41% to $81.14/bbl; Brent (Aug) +0.10% to $83.60/bbl.
- FX: USD/MXN 17.22 (+0.03%), EUR/MXN 19.96 (+0.05%).
The market's intra-session leadership was concentrated among transportation and consumer-related names, with airport operators producing the most pronounced gains. Conversely, consumer restaurant operations, the domestic exchange operator and a financial services group were among the largest decliners.
Investors monitoring Mexico's market will likely note the contrast between equity strength in certain industrial and service sectors and the pullback in energy-sensitive U.S. crude prices, alongside a stronger gold print, as factors that shaped risk sentiment during the session.