2 months ago
Stock Market

Brazil stocks higher at close of trade; Bovespa up 0.75%

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

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

At the close in Sao Paulo, the Bovespa added 0.75% to hit a new all time high.

The best performers of the session on the Bovespa were Via Varejo SA (SA:VVAR3), which rose 6.21% or 0.28 points to trade at 4.79 at the close. Meanwhile, Cia de Saneamento Basico do Estado (SA:SBSP3) added 5.34% or 2.11 points to end at 41.60 and Estacio Participacoes SA (SA:ESTC3) was up 4.68% or 1.28 points to 28.65 in late trade.

The worst performers of the session were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which fell 2.65% or 0.27 points to trade at 9.91 at the close. Lojas Renner SA (SA:LREN3) declined 1.87% or 0.78 points to end at 40.93 and Natura Cosmeticos SA (SA:NATU3) was down 1.59% or 0.71 points to 44.00.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 249 to 198 and 35 ended unchanged.

Shares in Cia de Saneamento Basico do Estado (SA:SBSP3) rose to 5-year highs; gaining 5.34% or 2.11 to 41.60.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.69% to 31.36.

Gold Futures for February delivery was up 0.14% or 1.85 to $1291.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February fell 1.73% or 0.89 to hit $50.70 a barrel, while the March US coffee C contract fell 1.35% or 1.40 to trade at $102.45 .

USD/BRL was down 0.33% to 3.6985, while EUR/BRL fell 0.36% to 4.2405.

The US Dollar Index Futures was down 0.04% at 95.227.