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Brazil stocks higher at close of trade; Bovespa up 1.71%

Published 09/27/2018, 04:25 PM
Updated 09/27/2018, 04:26 PM
Brazil stocks higher at close of trade; Bovespa up 1.71%
IBOV
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ICON
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IMOB
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IFNC
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ABEV3
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BRAP4
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CSAN3
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GOLL4
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PETR4
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VXEWZ
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CVCB3
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Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Real Estate, Financials and Consumption sectors led shares higher.

At the close in Sao Paulo, the Bovespa rose 1.71% to hit a new 1-month high.

The best performers of the session on the Bovespa were Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4), which rose 6.42% or 0.70 points to trade at 11.60 at the close. Meanwhile, Petroleo Brasileiro SA PN (SA:PETR4) added 6.29% or 1.27 points to end at 21.46 and Cvc Brasil ON (SA:CVCB3) was up 5.30% or 2.17 points to 43.13 in late trade.

The worst performers of the session were Bradespar SA (SA:BRAP4), which fell 3.17% or 1.20 points to trade at 36.70 at the close. Cosan SA Industria e Comercio (SA:CSAN3) declined 1.70% or 0.56 points to end at 32.42 and Ambev SA (SA:ABEV3) was down 1.18% or 0.22 points to 18.48.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 240 to 212 and 40 ended unchanged.

Shares in Cosan SA Industria e Comercio (SA:CSAN3) fell to 52-week lows; losing 1.70% or 0.56 to 32.42.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.97% to 48.59.

Gold Futures for December delivery was down 1.00% or 12.00 to $1187.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.77% or 0.55 to hit $72.12 a barrel, while the December US coffee C contract rose 1.43% or 1.40 to trade at $99.25 .

USD/BRL was down 0.78% to 3.9996, while EUR/BRL fell 1.67% to 4.6570.

The US Dollar Index Futures was up 0.76% at 94.59.

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