Brazil stocks higher at close of trade; Bovespa up 0.48%

Brazil stocks higher at close of trade; Bovespa up 0.48%

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

At the close in Sao Paulo, the Bovespa added 0.48%.

The best performers of the session on the Bovespa were Automob Participações SA (BVMF:AMOB3), which rose 34.29% or 0.12 points to trade at 0.47 at the close. Meanwhile, Localiza Rent a Car SA (BVMF:RENT3) added 8.75% or 2.62 points to end at 32.55 and Atacadao SA (BVMF:CRFB3) was up 8.20% or 0.46 points to 6.07 in late trade.

The worst performers of the session were Companhia Siderurgica Nacional (BVMF:CSNA3), which fell 2.53% or 0.24 points to trade at 9.25 at the close. Vale SA (BVMF:VALE3) declined 1.90% or 1.04 points to end at 53.77 and CSN Mineracao SA (BVMF:CMIN3) was down 1.87% or 0.10 points to 5.25.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 604 to 381 and 39 ended unchanged.

Shares in Companhia Siderurgica Nacional (BVMF:CSNA3) fell to 52-week lows; falling 2.53% or 0.24 to 9.25. Shares in Vale SA (BVMF:VALE3) fell to 52-week lows; falling 1.90% or 1.04 to 53.77.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 27.60% to 39.81 a new 1-month high.

Gold Futures for February delivery was down 1.62% or 42.91 to $2,610.39 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.93% or 1.36 to hit $69.22 a barrel, while the March US coffee C contract fell 2.68% or 8.93 to trade at $323.72 .

USD/BRL was down 2.17% to 6.15, while EUR/BRL fell 2.04% to 6.38.

The US Dollar Index Futures was up 0.36% at 108.14.

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