1 month ago
Stock Market

Brazil stocks higher at close of trade; Bovespa up 1.53%

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

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

At the close in Sao Paulo, the Bovespa added 1.53% to hit a new all time high.

The best performers of the session on the Bovespa were Kroton Educacional SA (SA:KROT3), which rose 7.33% or 0.74 points to trade at 10.84 at the close. Meanwhile, Engie Brasil Energia SA (SA:EGIE3) added 5.42% or 2.11 points to end at 41.05 and Cia Siderurgica Nacional SA (SA:CSNA3) was up 5.41% or 0.53 points to 10.32 in late trade.

The worst performers of the session were Ambev SA (SA:ABEV3), which fell 2.05% or 0.36 points to trade at 17.18 at the close. Cielo SA (SA:CIEL3) declined 1.83% or 0.19 points to end at 10.21 and Usinas Siderurgicas de Minas Gerais (SA:USIM5) was down 0.41% or 0.04 points to 9.72.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 267 to 153 and 35 ended unchanged.

Shares in Engie Brasil Energia SA (SA:EGIE3) rose to all time highs; up 5.42% or 2.11 to 41.05.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.44% to 32.87.

Gold Futures for February delivery was down 0.07% or 0.95 to $1282.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.64% or 0.34 to hit $52.67 a barrel, while the March US coffee C contract rose 0.19% or 0.20 to trade at $103.55 .

USD/BRL was down 1.26% to 3.7663, while EUR/BRL fell 1.03% to 4.2877.

The US Dollar Index Futures was down 0.19% at 95.773.