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Brazil stocks lower at close of trade; Bovespa down 0.39%

Published 07/21/2017, 04:35 PM
Brazil stocks lower at close of trade; Bovespa down 0.39%
IBOV
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INDX
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IFNC
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IMAT
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RAIL3
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BRKM5
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CSNA3
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CYRE3
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PETR4
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RENT3
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VXEWZ
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Investing.com – Brazil stocks were lower after the close on Friday, as losses in the Basic Materials, Industrials and Financials sectors led shares lower.

At the close in Sao Paulo, the Bovespa fell 0.39%.

The best performers of the session on the Bovespa were Localiza Rent a Car SA (SA:RENT3), which rose 4.44% or 2.19 points to trade at 51.50 at the close. Meanwhile, RUMO Logistica Operadora Multimodal SA (SA:RAIL3) added 3.11% or 0.30 points to end at 9.95 and Cyrela Brazil Realty SA (SA:CYRE3) was up 2.53% or 0.30 points to 12.15 in late trade.

The worst performers of the session were Petroleo Brasileiro SA PN (SA:PETR4), which fell 3.13% or 0.41 points to trade at 12.69 at the close. Braskem SA (SA:BRKM5) declined 2.58% or 1.03 points to end at 38.85 and Cia Siderurgica Nacional SA (SA:CSNA3) was down 2.51% or 0.19 points to 7.37.

Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 186 to 173 and 42 ended unchanged.

Shares in Localiza Rent a Car SA (SA:RENT3) rose to all time highs; up 4.44% or 2.19 to 51.50.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.57% to 25.26.

Gold Futures for August delivery was up 0.70% or 8.70 to $1254.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 2.60% or 1.22 to hit $45.70 a barrel, while the September US coffee C contract rose 1.04% or 1.40 to trade at $136.32 .

USD/BRL was up 0.70% to 3.1432, while EUR/BRL rose 0.99% to 3.6664.

The US Dollar Index Futures was down 0.33% at 93.77.

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