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Brazil stocks higher at close of trade; Bovespa up 0.85%

Published 08/24/2018, 04:25 PM
© Reuters.  Brazil stocks higher at close of trade; Bovespa up 0.85%
IBOV
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INDX
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ICON
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IMAT
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CPLE6
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ELET3
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GOAU4
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GOLL4
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JBSS3
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VXEWZ
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CVCB3
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Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Basic Materials, Consumption and Industrials sectors led shares higher.

At the close in Sao Paulo, the Bovespa rose 0.85%.

The best performers of the session on the Bovespa were Cvc Brasil ON (SA:CVCB3), which rose 4.35% or 1.76 points to trade at 42.18 at the close. Meanwhile, JBS SA (SA:JBSS3) added 2.93% or 0.27 points to end at 9.49 and Metalurgica Gerdau SA (SA:GOAU4) was up 2.86% or 0.22 points to 7.90 in late trade.

The worst performers of the session were Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4), which fell 2.26% or 0.24 points to trade at 10.39 at the close. Centrais Eletricas Brasileiras SA (SA:ELET3) declined 2.07% or 0.31 points to end at 14.65 and Cia Paranaense de Energia (SA:CPLE6) was down 2.02% or 0.40 points to 19.40.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 243 to 200 and 40 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.55% to 43.60 a new 52-week high.

Gold Futures for December delivery was up 1.54% or 18.40 to $1212.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.09% or 0.74 to hit $68.57 a barrel, while the December US coffee C contract rose 3.55% or 3.60 to trade at $104.88 .

USD/BRL was down 0.09% to 4.1086, while EUR/BRL rose 0.53% to 4.7736.

The US Dollar Index Futures was down 0.51% at 95.06.

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