Brazil shares lower at close of trade; Bovespa down 1.29%

Source Investing

Investing.com – Brazil equities were lower at the close on Friday, as losses in the Basic Materials, Consumption and Financials sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa lost 1.29% to hit a new 3-month low.

The biggest gainers of the session on the Bovespa were Embraer SA (BVMF:EMBR3), which rose 6.97% or 3.49 points to trade at 53.54 at the close. Magazine Luiza SA (BVMF:MGLU3) added 3.73% or 0.35 points to end at 9.73 and Natura&Co SA (BVMF:NTCO3) was up 2.97% or 0.42 points to 14.54 in late trade.

Biggest losers included Alpargatas SA (BVMF:ALPA4), which lost 7.62% or 0.54 points to trade at 6.55 in late trade. Lojas Renner SA (BVMF:LREN3) declined 6.03% or 1.09 points to end at 16.99 and Fleury SA (BVMF:FLRY3) shed 6.03% or 0.87 points to 13.56.

Declining stocks outnumbered rising ones by 489 to 464 and 52 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 8.25% to 34.12.

In commodities trading, Gold Futures for December delivery was down 0.38% or 10.30 to $2,695.50 a troy ounce. Meanwhile, Crude oil for delivery in December fell 2.49% or 1.80 to hit $70.56 a barrel, while the December US coffee C contract fell 2.46% or 6.40 to trade at $254.00 .

USD/BRL was up 0.62% to 5.73, while EUR/BRL fell 0.18% to 6.14.

The US Dollar Index Futures was up 0.49% at 104.88.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Gold Price Forecast: XAU/USD gains momentum to near $3,650, eyes on US CPI releaseThe Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday.
Author  FXStreet
Sep 11, Thu
The Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday.
placeholder
Gold retreats from all-time peak as Israel-Hamas peace deal tempers safe-haven demandGold (XAU/USD) drifts lower during the Asian session on Thursday and now seems to have snapped a four-day winning streak to a fresh all-time peak, around the $4,059-4,060 area touched the previous day.
Author  FXStreet
Oct 09, Thu
Gold (XAU/USD) drifts lower during the Asian session on Thursday and now seems to have snapped a four-day winning streak to a fresh all-time peak, around the $4,059-4,060 area touched the previous day.
placeholder
Japanese Yen weakens amid risk-on mood, political uncertaintyThe Japanese Yen (JPY) kicks off the new week on a downbeat note in reaction to US President Donald Trump's pivot on China tariffs.
Author  FXStreet
Yesterday 03: 17
The Japanese Yen (JPY) kicks off the new week on a downbeat note in reaction to US President Donald Trump's pivot on China tariffs.
placeholder
Gold hits fresh all-time high on US-China trade tensions and Fed rate cut betsGold (XAU/USD) attracts some follow-through buying for the second straight day and climbs to a fresh all-time peak, around the $4,059-4,060 region during the Asian session on Monday.
Author  FXStreet
21 hours ago
Gold (XAU/USD) attracts some follow-through buying for the second straight day and climbs to a fresh all-time peak, around the $4,059-4,060 region during the Asian session on Monday.
placeholder
Bitcoin Price Forecast: BTC steadies around $115,000 after rollercoaster weekendInstitutional demand remained strong as ETFs recorded $2.7 billion in weekly inflows and barely moved on Friday despite the crash.
Author  FXStreet
17 hours ago
Institutional demand remained strong as ETFs recorded $2.7 billion in weekly inflows and barely moved on Friday despite the crash.
goTop
quote