Brazil shares higher at close of trade; Bovespa up 0.40%
Investing.com – Brazil equities were higher at the close on Friday, as gains in the Basic Materials , Real Estate and Financials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 0.40% to hit a new 1-month high.
The biggest gainers of the session on the Bovespa were MRV Engenharia e Participacoes SA (SA: MRVE3 ), which rose 3.28% or 0.44 points to trade at 13.84 at the close. Klabin Unt (SA: KLBN11 ) added 2.48% or 0.40 points to end at 16.50 and CEMIG - Companhia Energetica Minas Gerais Pref (SA: CMIG4 ) was up 2.16% or 0.19 points to 9.00 in late trade.
Biggest losers included Centrais Eletricas Brasileiras SA (SA: ELET6 ), which lost 5.11% or 0.95 points to trade at 17.65 in late trade. Centrais Eletricas Brasileiras SA (SA: ELET3 ) declined 4.64% or 0.71 points to end at 14.59 and Lojas Renner SA (SA: LREN3 ) shed 2.00% or 0.59 points to 28.95.
Advancing stocks outnumbered falling ones by 197 to 161 and 41 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 3.37% to 26.07 a new 52-week low.
In commodities trading, Gold Futures for August delivery was up 0.88% or 10.75 to $1228.05 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.17% or 0.54 to hit $46.62 a barrel, while the September US coffee C contract rose 1.93% or 2.53 to trade at $133.70 .
USD/BRL was down 0.87% to 3.1837, while EUR/BRL fell 0.26% to 3.6512.
The US Dollar Index Futures was down 0.72% at 94.87.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.
Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb
Drop an image here or