October 8, 2024

Brazil stocks higher at close of trade; Bovespa up 0.14%

Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Real Estate, Basic Materials and Public Utilities sectors led shares higher.

At the close in Sao Paulo, the Bovespa rose 0.14%.

The best performers of the session on the Bovespa were Natura & Co SA (BVMF:NTCO3), which rose 2.63% or 0.39 points to trade at 15.23 at the close. Meanwhile, 3R Petroleum Oleo E Gas Sa (BVMF:BRAV3) added 2.39% or 0.43 points to end at 18.39 and Hypera SA (BVMF:HYPE3) was up 2.05% or 0.55 points to 27.35 in late trade.

The worst performers of the session were Atacadao SA (BVMF:CRFB3), which fell 5.27% or 0.44 points to trade at 7.91 at the close. Sendas Distribuidora SA (BVMF:ASAI3) declined 2.87% or 0.20 points to end at 6.77 and Pet Center Comercio e Partcipacoes (BVMF:PETZ3) was down 2.63% or 0.13 points to 4.81.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 518 to 421 and 64 ended unchanged.

Shares in Atacadao SA (BVMF:CRFB3) fell to all time lows; down 5.27% or 0.44 to 7.91.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 5.47% to 31.63 a new 1-month high.

Gold Futures for December delivery was down 0.21% or 5.50 to $2,662.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 3.90% or 2.90 to hit $77.28 a barrel, while the December US coffee C contract fell 4.08% or 10.50 to trade at $246.85 .

USD/BRL was up 0.62% to 5.49, while EUR/BRL fell 0.38% to 6.02.

The US Dollar Index Futures was down 0.01% at 102.26.

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