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Brazil stocks higher at close of trade; Bovespa up 0.77%

Published 10/02/2024, 04:30 PM
Updated 10/02/2024, 04:35 PM
© Reuters Brazil stocks higher at close of trade; Bovespa up 0.77%
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Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Real Estate, Basic Materials and Financials sectors led shares higher.

At the close in Sao Paulo, the Bovespa added 0.77%.

The best performers of the session on the Bovespa were Companhia Brasileira De Distribuica (BVMF:PCAR3), which rose 7.25% or 0.20 points to trade at 2.96 at the close. Meanwhile, Azul SA Pref (BVMF:AZUL4) added 4.87% or 0.29 points to end at 6.24 and Cyrela Brazil Realty SA (BVMF:CYRE3) was up 4.51% or 0.93 points to 21.54 in late trade.

The worst performers of the session were Grupo Vamos SA (BVMF:VAMO3), which fell 6.66% or 0.43 points to trade at 6.03 at the close. 3R Petroleum Oleo E Gas Sa (BVMF:BRAV3) declined 2.28% or 0.41 points to end at 17.55 and Atacadao SA (BVMF:CRFB3) was down 1.95% or 0.18 points to 9.07.

Rising stocks outnumbered declining ones on the B3 Stock Exchange by 506 to 427 and 53 ended unchanged.

Shares in Grupo Vamos SA (BVMF:VAMO3) fell to all time lows; down 6.66% or 0.43 to 6.03.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.35% to 28.75 a new 1-month high.

Gold Futures for December delivery was down 0.35% or 9.50 to $2,680.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 1.69% or 1.18 to hit $71.01 a barrel, while the December US coffee C contract fell 2.92% or 7.70 to trade at $256.45 .

USD/BRL was unchanged 0.07% to 5.44, while EUR/BRL fell 0.53% to 6.02.

The US Dollar Index Futures was up 0.43% at 101.37.

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