Brazil shares higher at close of trade; Bovespa up 0.58%

  • Stock Market News
Brazil shares higher at close of trade; Bovespa up 0.58% – Brazil equities were higher at the close on Friday, as gains in the Real Estate , Financials and Public Utilities sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa rose 0.58%.

The biggest gainers of the session on the Bovespa were Tim Participacoes SA (SA: TIMP3 ), which rose 4.38% or 0.39 points to trade at 9.29 at the close. Multiplan SA (SA: MULT3 ) added 3.81% or 2.40 points to end at 65.40 and Cyrela Brazil Realty SA (SA: CYRE3 ) was up 3.73% or 0.48 points to 13.36 in late trade.

Biggest losers included Vale SA (SA: VALE3 ), which lost 6.28% or 2.05 points to trade at 30.61 in late trade. Bradespar SA (SA: BRAP4 ) declined 5.45% or 1.15 points to end at 19.95 and Vale SA Pref (SA: VALE5 ) shed 5.41% or 1.66 points to 29.01.

Advancing stocks outnumbered falling ones by 257 to 151 and 36 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 3.84% to 28.05 a new 52-week low.

In commodities trading, Gold Futures for April delivery was down 0.00% or 0.05 to $1219.35 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.49% or 0.26 to hit $53.80 a barrel, while the March US coffee C contract rose 0.17% or 0.25 to trade at $146.27 .

USD/BRL was down 0.18% to 3.1180, while EUR/BRL fell 0.04% to 3.3588.

The US Dollar Index Futures was down 0.03% at 99.80.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or