Mexico's equity market finished the trading day lower on Tuesday, with the S&P/BMV IPC closing down 1.82% after a session dominated by declines in Industrials, Consumer Goods & Services and Consumer Staples.
At the close, the S&P/BMV IPC registered a 1.82% loss.
Top performers
On the winners' list, Grupo Aeroportuario del Pacifico SAB De CV Class B (BMV:GAPB) led gains, rising 3.76% - a 16.22-point increase - to finish at 447.70. Qualitas Controladora, SAB De CV (BMV:Q) added 0.53% or 0.93 points to close at 176.57. Grupo Elektra, S.A.B. De C.V. (BMV:ELEKTRA) was unchanged at 373.10, recording a 0.00% move in late trade.
Biggest decliners
The heaviest losses for the session included Grupo Mexico, S.A.B. De C.V. (BMV:GMEXICOB), which fell 5.35% or 11.30 points to close at 199.82. Alsea, S.A.B. De C.V. (BMV:ALSEA) declined 4.41%, a drop of 2.36 points, to end the day at 51.10. Industrias Penoles Sab De CV (BMV:PEOLES) decreased 3.78% or 38.10 points to close at 970.01.
Market breadth
Decliners outnumbered advancers on the Mexico Stock Exchange, with 144 issues down compared with 100 advancing. Fourteen stocks finished unchanged.
Commodities and currencies
In commodity trading, Gold Futures for June delivery fell 1.87% or 90.30, settling at $4,738.50 a troy ounce. Crude oil for June delivery climbed 3.20%, up $2.80 to $90.22 a barrel, while the June Brent contract inched higher by 0.02% or $0.02 to trade at $99.24 a barrel.
On the currency front, USD/MXN moved down 0.05% to 17.31, and EUR/MXN declined 0.10% to 20.32. The US Dollar Index Futures rose 0.28% to 98.19.
The session reflected a broad pullback across multiple sectors and a divergence among commodity and currency moves, with energy prices rising even as gold slipped and the peso showed modest strength versus the dollar and euro.