Mexico's Stocks Close Lower; Peso Weakens in Slow Session

 
   By Anthony Harrup 
 

        MEXICO CITY--Mexican stocks closed lower, and the peso weakened against the U.S. dollar Friday in slow trading with U.S. markets closed for the Independence Day holiday.
        The IPC index of leading issues closed down 0.2% at 45,065 points on volume of 38.6 million shares worth 1.4 billion pesos ($88.9 million).
        Bellwether America Movil (AMX, AMX.MX) L shares closed down 0.2% at MXN16.50, and retailer Wal-Mart de Mexico (WMMVY, WALMEX.MX) shares fell 1% to MXN38.34. Walmex plans to report its sales for June and the second quarter on Monday after the market close.
        The peso weakened against the U.S. dollar and was quoted closing in Mexico City at MXN15.7370, according to Infosel, compared with MXN15.6650 at the close Thursday.
        Volatility is likely to return to the market next week with the results of the Greek referendum on conditions tied that country's bailout loans, and the publication of minutes to the U.S. Federal Reserve's most recent policy meeting that could give market participants a new reason to speculate on the timing of the Fed's first interest-rate increase, Banco Base said in a note.
        Write to Anthony Harrup at anthony.harrup@wsj.com
        (END) Dow Jones Newswires

        July 03, 2015 16:28 ET (20:28 GMT)

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