2 months ago
Stock Market

Brazil stocks higher at close of trade; Bovespa up 1.12%

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

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

At the close in Sao Paulo, the Bovespa added 1.12% to hit a new all time high.

The best performers of the session on the Bovespa were BRF SA (SA:BRFS3), which rose 6.48% or 1.44 points to trade at 23.66 at the close. Meanwhile, Localiza Rent a Car SA (SA:RENT3) added 6.27% or 1.82 points to end at 30.86 and Qualicorp SA (SA:QUAL3) was up 6.04% or 0.87 points to 15.28 in late trade.

The worst performers of the session were Log Commercial Properties e Participacoes SA (SA:LOGG3), which fell 5.21% or 1.00 points to trade at 18.20 at the close. Embraer SA (SA:EMBR3) declined 4.79% or 1.03 points to end at 20.47 and B2W Cia Digital (SA:BTOW3) was down 2.42% or 1.16 points to 46.75.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 288 to 143 and 34 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.16% to 30.93.

Gold Futures for February delivery was down 0.24% or 3.05 to $1290.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.15% or 0.08 to hit $52.39 a barrel, while the March US coffee C contract rose 0.34% or 0.35 to trade at $102.75 .

USD/BRL was up 0.39% to 3.7506, while EUR/BRL rose 0.31% to 4.2711.

The US Dollar Index Futures was up 0.07% at 95.743.