2 months ago
Stock Market

Brazil stocks higher at close of trade; Bovespa up 0.24%

Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Basic Materials, Industrials and Consumption

Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Basic Materials, Industrials and Consumption sectors led shares higher.

At the close in Sao Paulo, the Bovespa added 0.24%.

The best performers of the session on the Bovespa were Cosan SA Industria e Comercio (SA:CSAN3), which rose 4.90% or 1.94 points to trade at 41.55 at the close. Meanwhile, Suzano Papel e Celulose SA (SA:SUZB3) added 4.40% or 1.86 points to end at 44.16 and B2W Cia Digital (SA:BTOW3) was up 3.59% or 1.66 points to 47.91 in late trade.

The worst performers of the session were Log Commercial Properties e Participacoes SA (SA:LOGG3), which fell 3.52% or 0.70 points to trade at 19.20 at the close. Cielo SA (SA:CIEL3) declined 2.48% or 0.26 points to end at 10.24 and Fleury SA (SA:FLRY3) was down 2.35% or 0.51 points to 21.20.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 222 to 201 and 31 ended unchanged.

Shares in B2W Cia Digital (SA:BTOW3) rose to 5-year highs; gaining 3.59% or 1.66 to 47.91.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 4.65% to 30.97.

Gold Futures for February delivery was up 0.35% or 4.45 to $1292.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.58% or 0.30 to hit $52.41 a barrel, while the March US coffee C contract rose 1.38% or 1.40 to trade at $102.70 .

USD/BRL was up 0.54% to 3.7366, while EUR/BRL rose 0.40% to 4.2580.

The US Dollar Index Futures was up 0.03% at 95.705.