Mexican stock market fell 0.03% with 20 of 34 issuers closing negative

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Mexico City, Jun 29 (EFE) .- The Mexican Stock Exchange registered on Tuesday a moderate loss of 0.03% in its main indicator, to reach 50,337.36 points, in a day in which 20 of the 34 main issuers closed in negative territory.

“Within the Price and Quotation Index (IPC) -main indicator- 20 of the 34 main issuers closed with losses and 14 with gains,” Banco Base analyst Luis Alvarado told Efe.

Among the worst performing firms were Grupo Carso, owned by magnate Carlos Slim, with (-1.69%), Kimberly-Clark from Mexico (-1.68%), Cemex (-1.65%) and OMA (-1 , 57%).

While the companies with profits were Grupo México (+1.66%), Walmex (+1.56%), Qualitas (+1.09%) and BanBajío (+1.02%).

“There was no pattern between the companies that lost and won, which, coupled with the low volatility shown by the index, is a sign that it was a consolidation session, waiting for additional news and scheduled indicators for this week, “said the specialist.

With the decline on Tuesday, the Mexican index was 14.23% above the close of the previous year.

On the day, the Mexican peso appreciated 0.05% against the dollar, trading at 19.80 units per greenback on the interbank market.

The IPC closed at 50,337.36 units, with a decrease of 13.85 points and a negative variation of 0.03% compared to the previous session.

The volume traded in the market reached 245.8 million titles for an amount of 15,878 million pesos (about 801.9 million dollars).

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