Brazil shares higher at close of trade; Bovespa up 0.78%

Source Investing

Investing.com – Brazil equities were higher at the close on Monday, as gains in the Public Utilities, Consumption and Real Estate sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa gained 0.78%.

The biggest gainers of the session on the Bovespa were Sendas Distribuidora SA (BVMF:ASAI3), which rose 6.25% or 0.42 points to trade at 7.14 at the close. Lwsa SA (BVMF:LWSA3) added 5.17% or 0.21 points to end at 4.27 and Marfrig Alimentos SA (BVMF:MRFG3) was up 3.70% or 0.47 points to 13.17 in late trade.

Biggest losers included Prio SA (BVMF:PRIO3), which lost 1.88% or 0.83 points to trade at 43.43 in late trade. Petroreconcavo SA (BVMF:RECV3) declined 1.59% or 0.29 points to end at 17.90 and 3R Petroleum Oleo E Gas Sa (BVMF:BRAV3) shed 0.92% or 0.16 points to 17.28.

Advancing stocks outnumbered falling ones by 552 to 398 and 70 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.46% to 31.69.

In commodities trading, Gold Futures for December delivery was down 0.26% or 6.95 to $2,669.35 a troy ounce. Meanwhile, Crude oil for delivery in November fell 2.06% or 1.56 to hit $74.00 a barrel, while the December US coffee C contract rose 3.67% or 9.25 to trade at $261.30 .

USD/BRL was down 0.34% to 5.59, while EUR/BRL fell 0.32% to 6.09.

The US Dollar Index Futures was up 0.30% at 102.99.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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