3 months ago
Stock Market

Brazil stocks higher at close of trade; Bovespa up 1.55%

Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Financials, Basic Materials and Consumption

Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Financials, Basic Materials and Consumption sectors led shares higher.

At the close in Sao Paulo, the Bovespa added 1.55%.

The best performers of the session on the Bovespa were Lojas Americanas SA (SA:LAME4), which rose 6.44% or 1.19 points to trade at 19.68 at the close. Meanwhile, Cielo SA (SA:CIEL3) added 6.05% or 0.52 points to end at 9.12 and Qualicorp SA (SA:QUAL3) was up 4.88% or 0.65 points to 13.97 in late trade.

The worst performers of the session were Klabin Unt (SA:KLBN11), which fell 1.45% or 0.25 points to trade at 17.05 at the close. Petroleo Brasileiro SA (SA:PETR3) declined 1.25% or 0.35 points to end at 27.67 and EcoRodovias SA (SA:ECOR3) was down 1.00% or 0.09 points to 8.91.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 267 to 152 and 34 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.35% to 36.53 a new 3-months low.

Gold Futures for February delivery was up 0.62% or 7.60 to $1227.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.23% or 1.15 to hit $50.41 a barrel, while the March US coffee C contract rose 0.44% or 0.50 to trade at $113.80 .

USD/BRL was down 0.61% to 3.8512, while EUR/BRL rose 0.03% to 4.3779.

The US Dollar Index Futures was down 0.57% at 96.722.