Mexican stocks eased on Friday, taking their cue from Wall Street after a disappointing report on US job creation, while cellphone operator America Movil slipped after strong gains recently. The IPC benchmark stock index fell 0.61 percent to end at 13,204.39 points. The Mexican peso eased 0.34 percent to 10.845 per dollar, breaking a five-session winning streak that sent it to highs not seen since January 2004.
US stocks dropped after the May jobs data and a separate report on the US services sector came in below expectations, raising concerns about the strength of the economy.
Weak job growth tends to curb consumer spending in the United States, where Mexico sends about 90 percent of its exports.
Volatile shares of America Movil, the most heavily weighted stock in the IPC index, lost 1.56 percent to end at 30.95 pesos. Its New York-traded shares dropped 2.26 percent to $56.97.
Beating market sentiment, Cintra, which is selling Mexicana and Aeromexico airlines, rose 1.43 percent to 7.79 pesos. Its stock had gained about 40 percent over the past two weeks after the company unveiled a long-awaited plan to privatize the airlines starting this month.
Cement maker Cemex was down 2.08 percent to 84.16 pesos and its American Depositary Receipt moved down 2.32 percent to $38.78.
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