1 month ago
Stock Market

Brazil stocks higher at close of trade; Bovespa up 0.48%

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

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

At the close in Sao Paulo, the Bovespa added 0.48% to hit a new all time high.

The best performers of the session on the Bovespa were Marfrig Alimentos SA (SA:MRFG3), which rose 5.26% or 0.32 points to trade at 6.40 at the close. Meanwhile, WEG SA (SA:WEGE3) added 4.19% or 0.79 points to end at 19.63 and Ambev SA (SA:ABEV3) was up 3.43% or 0.60 points to 18.11 in late trade.

The worst performers of the session were B2W Cia Digital (SA:BTOW3), which fell 3.84% or 1.92 points to trade at 48.08 at the close. Estacio Participacoes SA (SA:ESTC3) declined 2.57% or 0.80 points to end at 30.30 and Lojas Americanas SA (SA:LAME4) was down 2.37% or 0.50 points to 20.57.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 237 to 194 and 50 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.09% to 31.01.

Gold Futures for April delivery was down 0.15% or 2.05 to $1323.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 2.88% or 1.55 to hit $55.34 a barrel, while the March US coffee C contract fell 1.84% or 1.95 to trade at $103.95 .

USD/BRL was up 0.41% to 3.6588, while EUR/BRL rose 0.55% to 4.1936.

The US Dollar Index Futures was down 0.00% at 95.303.