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
WTI Oil edges up to $61.00 with concerns about oversupply weighingThe US benchmark West Texas Intermediate Oil is posting moderate gains on Friday, trading at $61.00.
Author  FXStreet
Oct 03, Fri
The US benchmark West Texas Intermediate Oil is posting moderate gains on Friday, trading at $61.00.
placeholder
AUD/USD rises to near 0.6600 as traders pare RBA dovish betsThe AUD gains amid easing bets supporting interest rate cuts by the RBA in the policy meeting in November.
Author  FXStreet
Oct 03, Fri
The AUD gains amid easing bets supporting interest rate cuts by the RBA in the policy meeting in November.
placeholder
Strong Deliveries Fail to Reverse Slide — Policy Expiry Sends Tesla Stock “Higher Open, Lower Close”Tesla’s stock took a rollercoaster ride: shares surged more than 4% in pre-market trading, only to reverse sharply after the open and close down over 5%.
Author  TradingKey
Oct 03, Fri
Tesla’s stock took a rollercoaster ride: shares surged more than 4% in pre-market trading, only to reverse sharply after the open and close down over 5%.
placeholder
Copper heads for weekly gain, aided by supply disruptionsCopper prices rose for the third consecutive session on Friday and are set for a weekly gain.
Author  Reuters
Oct 03, Fri
Copper prices rose for the third consecutive session on Friday and are set for a weekly gain.
placeholder
JOLTS Job Openings expected to decline slightly in AugustMarkets expect Job Openings in August to decline slightly to 7.1 million compared to the previous month's reading of 7.181 million.
Author  FXStreet
Sep 30, Tue
Markets expect Job Openings in August to decline slightly to 7.1 million compared to the previous month's reading of 7.181 million.
goTop
quote