1 month ago
Stock Market

Brazil stocks higher at close of trade; Bovespa up 0.67%

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

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

At the close in Sao Paulo, the Bovespa added 0.67% to hit a new all time high.

The best performers of the session on the Bovespa were Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4), which rose 8.27% or 2.06 points to trade at 26.98 at the close. Meanwhile, Banco Santander Brasil SA Unit (SA:SANB11) added 3.26% or 1.59 points to end at 50.34 and Marfrig Alimentos SA (SA:MRFG3) was up 3.12% or 0.20 points to 6.60 in late trade.

The worst performers of the session were Vale SA (SA:VALE3), which fell 3.91% or 1.81 points to trade at 44.44 at the close. Bradespar SA (SA:BRAP4) declined 2.71% or 0.78 points to end at 27.97 and Cielo SA (SA:CIEL3) was down 2.58% or 0.31 points to 11.72.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 292 to 191 and 34 ended unchanged.

Shares in Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4) rose to 5-year highs; rising 8.27% or 2.06 to 26.98. Shares in Banco Santander Brasil SA Unit (SA:SANB11) rose to all time highs; up 3.26% or 1.59 to 50.34.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.70% to 31.13.

Gold Futures for April delivery was down 0.35% or 4.65 to $1317.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.85% or 0.47 to hit $54.79 a barrel, while the March US coffee C contract rose 2.22% or 2.30 to trade at $106.00 .

USD/BRL was up 0.31% to 3.6709, while EUR/BRL rose 0.13% to 4.1975.

The US Dollar Index Futures was up 0.27% at 95.558.