2 months ago
Stock Market

Brazil stocks higher at close of trade; Bovespa up 0.38%

Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Real Estate, Financials and Public

Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Real Estate, Financials and Public Utilities sectors led shares higher.

At the close in Sao Paulo, the Bovespa added 0.38%.

The best performers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET3), which rose 6.74% or 1.51 points to trade at 23.93 at the close. Meanwhile, Centrais Eletricas Brasileiras SA (SA:ELET6) added 6.00% or 1.57 points to end at 27.72 and B2W Cia Digital (SA:BTOW3) was up 5.03% or 1.91 points to 39.91 in late trade.

The worst performers of the session were Suzano Papel e Celulose SA (SA:SUZB3), which fell 4.46% or 1.73 points to trade at 37.02 at the close. Tim Participacoes SA (SA:TIMP3) declined 3.32% or 0.40 points to end at 11.64 and Telefonica Brasil SA (SA:VIVT4) was down 2.92% or 1.37 points to 45.58.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 229 to 184 and 31 ended unchanged.

Shares in B2W Cia Digital (SA:BTOW3) rose to 3-years highs; gaining 5.03% or 1.91 to 39.91.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.64% to 37.70.

Gold Futures for February delivery was up 0.61% or 7.75 to $1277.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 2.72% or 1.27 to hit $45.34 a barrel, while the March US coffee C contract fell 1.93% or 2.00 to trade at $101.85 .

USD/BRL was down 1.24% to 3.8736, while EUR/BRL fell 0.44% to 4.4301.

The US Dollar Index Futures was down 0.53% at 96.072.