3 months ago
Stock Market

Brazil stocks lower at close of trade; Bovespa down 0.44%

Investing.com – Brazil stocks were lower after the close on Friday, as losses in the Basic Materials, Financials and Industrials

Investing.com – Brazil stocks were lower after the close on Friday, as losses in the Basic Materials, Financials and Industrials sectors led shares lower.

At the close in Sao Paulo, the Bovespa declined 0.44%.

The best performers of the session on the Bovespa were Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4), which rose 7.50% or 1.65 points to trade at 23.65 at the close. Meanwhile, Estacio Participacoes SA (SA:ESTC3) added 2.18% or 0.53 points to end at 24.85 and Cielo SA (SA:CIEL3) was up 1.94% or 0.18 points to 9.44 in late trade.

The worst performers of the session were Via Varejo SA (SA:VVAR3), which fell 7.45% or 0.35 points to trade at 4.35 at the close. Usinas Siderurgicas de Minas Gerais (SA:USIM5) declined 2.80% or 0.27 points to end at 9.38 and Centrais Eletricas Brasileiras SA (SA:ELET6) was down 2.50% or 0.73 points to 28.50.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 227 to 206 and 38 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.66% to 33.08.

Gold Futures for February delivery was down 0.46% or 5.80 to $1241.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 2.83% or 1.49 to hit $51.09 a barrel, while the March US coffee C contract fell 1.78% or 1.85 to trade at $102.25 .

USD/BRL was up 0.63% to 3.9159, while EUR/BRL rose 0.18% to 4.4275.

The US Dollar Index Futures was up 0.40% at 97.440.