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Brazil stocks higher at close of trade; Bovespa up 1.52%

Published 09/21/2018, 04:25 PM
Brazil stocks higher at close of trade; Bovespa up 1.52%
IBOV
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ICON
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IFNC
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UTIL
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CCRO3
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LAME4
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LREN3
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UGPA3
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USIM5
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VXEWZ
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SUZB3
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Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Consumption, Public Utilities and Financials sectors led shares higher.

At the close in Sao Paulo, the Bovespa added 1.52% to hit a new 1-month high.

The best performers of the session on the Bovespa were Lojas Americanas SA (SA:LAME4), which rose 5.78% or 0.86 points to trade at 15.75 at the close. Meanwhile, Usinas Siderurgicas de Minas Gerais (SA:USIM5) added 5.34% or 0.43 points to end at 8.48 and Lojas Renner SA (SA:LREN3) was up 4.87% or 1.45 points to 31.20 in late trade.

The worst performers of the session were Ultrapar Participacoes SA (SA:UGPA3), which fell 3.01% or 1.14 points to trade at 36.73 at the close. Suzano Papel e Celulose SA (SA:SUZB3) declined 1.19% or 0.57 points to end at 47.31 and CCR SA (SA:CCRO3) was down 1.17% or 0.10 points to 8.43.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 248 to 195 and 42 ended unchanged.

Shares in Ultrapar Participacoes SA (SA:UGPA3) fell to 5-year lows; losing 3.01% or 1.14 to 36.73. Shares in CCR SA (SA:CCRO3) fell to 5-year lows; falling 1.17% or 0.10 to 8.43.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.01% to 45.74.

Gold Futures for December delivery was down 0.64% or 7.80 to $1203.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.74% or 0.52 to hit $70.84 a barrel, while the December US coffee C contract rose 0.37% or 0.37 to trade at $99.75 .

USD/BRL was down 0.65% to 4.0510, while EUR/BRL fell 0.84% to 4.7619.

The US Dollar Index Futures was up 0.32% at 93.77.

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