Mexico's benchmark equity gauge finished the trading session down, weighed by declines across several consumer and industrial sectors. At the close on Friday, the S&P/BMV IPC was off 0.41%.
Sector performance was led lower by Industrials, Consumer Goods & Services and Consumer Staples, which collectively contributed to the negative session for the market. Market breadth favored decliners, with 141 stocks falling against 93 advancers and 13 unchanged on the Mexico Stock Exchange.
Top advancers
- Grupo Televisa SAB Unit (BMV:TLEVISACPO) was the session's best performer, rising 3.08% - gaining 0.31 points to end at 10.38.
- Grupo Carso, S.A.B. De C.V. (BMV:GCARSOA1) added 2.96% - up 4.27 points to close at 148.66; the share move took the stock to a 52-week high.
- GCC SAB de CV (BMV:GCC) increased 2.12% - gaining 4.08 points to finish at 196.52.
Largest decliners
- Industrias Peñoles Sab De CV (BMV:PEOLES) led losses, sliding 5.14% - down 51.49 points to trade at 950.00 at the close.
- Megacable Holdings, S.A.B. De C.V. (BMV:MEGACPO) dropped 3.07% - down 1.89 points to end at 59.75.
- Grupo Aeroportuario Del Sureste (BMV:ASURB) fell 2.70% - a decline of 16.73 points to finish at 602.48.
On the commodities front, Gold Futures for June delivery fell 0.98%, losing 47.00 to settle at 4,771.00 per troy ounce. Energy markets also moved lower: May crude oil declined 2.29%, down 2.24 to $95.63 a barrel, while the June Brent contract slipped 1.66%, off 1.59 to $94.33 a barrel.
Currency markets showed modest strength in the peso versus major currencies. USD/MXN was down 0.36% at 17.30, and EUR/MXN eased 0.13% to 20.28. The US Dollar Index Futures traded lower, down 0.11% at 98.48.
The session presented a mix of selective stock-level gains and broader sector weakness, with Industrials and consumer-related sectors particularly affected. Grupo Carso's move to a 52-week high was one of the notable positive developments amid the overall down day for the index.
Contextual note - The market close reflected a combination of individual winners and larger declines among some heavyweight names; breadth indicators and commodity and FX moves accompanied the equity performance as detailed above.