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Brazil stocks higher at close of trade; Bovespa up 1.08%

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

At the close in Sao Paulo, the Bovespa gained 1.08%.

The best performers of the session on the Bovespa were Minerva SA/Brazil (BVMF:BEEF3), which rose 7.54% or 0.41 points to trade at 5.85 at the close. Meanwhile, Cosan SA Industria e Comercio (BVMF:CSAN3) added 5.38% or 0.52 points to end at 10.19 and Ultrapar Participacoes SA (BVMF:UGPA3) was up 4.97% or 0.85 points to 17.94 in late trade.

The worst performers of the session were Atacadao SA (BVMF:CRFB3), which fell 4.90% or 0.33 points to trade at 6.40 at the close. Localiza Rent a Car SA (BVMF:RENT3) declined 3.64% or 1.42 points to end at 37.58 and Lwsa SA (BVMF:LWSA3) was down 3.36% or 0.13 points to 3.74.

Rising stocks outnumbered declining ones on the B3 Stock Exchange by 625 to 357 and 50 ended unchanged.

Shares in Localiza Rent a Car SA (BVMF:RENT3) fell to 3-years lows; falling 3.64% or 1.42 to 37.58. Shares in Lwsa SA (BVMF:LWSA3) fell to 3-years lows; losing 3.36% or 0.13 to 3.74.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 9.93% to 31.99.

Gold Futures for February delivery was up 0.34% or 8.99 to $2,673.79 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.84% or 0.58 to hit $68.14 a barrel, while the March US coffee C contract fell 0.94% or 3.05 to trade at $320.00 .

USD/BRL was down 0.68% to 5.97, while EUR/BRL fell 0.45% to 6.32.

The US Dollar Index Futures was down 0.24% at 105.79.

This post appeared first on investing.com
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