3 months ago
Stock Market

Brazil stocks higher at close of trade; Bovespa up 0.99%

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

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

At the close in Sao Paulo, the Bovespa gained 0.99%.

The best performers of the session on the Bovespa were Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4), which rose 5.26% or 1.10 points to trade at 22.00 at the close. Meanwhile, JBS SA (SA:JBSS3) added 4.26% or 0.49 points to end at 12.00 and Suzano Papel e Celulose SA (SA:SUZB3) was up 3.53% or 1.28 points to 37.57 in late trade.

The worst performers of the session were Kroton Educacional SA (SA:KROT3), which fell 2.65% or 0.26 points to trade at 9.54 at the close. Via Varejo SA (SA:VVAR3) declined 1.67% or 0.08 points to end at 4.70 and B3 SA Brasil Bolsa Balcao (SA:B3SA3) was down 1.60% or 0.45 points to 27.70.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 234 to 197 and 37 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 4.45% to 32.65 a new 3-months low.

Gold Futures for February delivery was down 0.30% or 3.70 to $1246.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 3.56% or 1.82 to hit $52.97 a barrel, while the March US coffee C contract rose 1.02% or 1.05 to trade at $104.10 .

USD/BRL was up 0.96% to 3.8927, while EUR/BRL rose 0.93% to 4.4240.

The US Dollar Index Futures was up 0.05% at 97.062.