Mexican Stocks Reverse Two-Session Losing Streak
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Stocks in Mexico rose Tuesday, as the IPC Index increased 0.2%, to 52604.05.
Among large companies, Vista Oil & Gas was the biggest gainer during the session, surging 7.3%, and Grupo Kuo surged 5%. Grupo Bafar rounded out the top three movers on Tuesday, as shares gained 3.8%.
Alpek posted the largest decline, dropping 5.7%, followed by shares of Orbia Advance, which fell 3.6%. Shares of Corporacion Moctezuma fell 2.7%.
Stock indexes in the U.S. closed mixed with the NASDAQ Composite Index rising 1.3%. Meanwhile, the S&P 500 Index added 0.4%, and the Dow Jones Industrial Average dropped 0.8%.
On the currency front, the WSJ Dollar Index held steady at 100.26. Locally, the dollar was equivalent to MXN18.11, up 0.1%.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
June 25, 2024 18:00 ET (22:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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