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Brazil stocks higher at close of trade; Bovespa up 2.29%

Published 03/30/2015, 04:30 PM
Brazil stocks higher at close of trade; Bovespa up 2.29%
EUR/BRL
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IBOV
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IMOB
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Investing.com – Brazil stocks were higher after the close on Monday, as gains in the Financials, Electric Power and Real Estate sectors led shares higher.

At the close in Sao Paulo, the Bovespa rose 2.29%.

The best performers of the session on the Bovespa were EDP - Energias do Brasil SA (SA:ENBR3), which rose 6.96% or 0.69 points to trade at 10.60 at the close. Meanwhile, Cia Energetica de Sao Paulo (SA:CESP6) added 6.48% or 1.46 points to end at 24.00 and BR Malls Participacoes SA (SA:BRML3) was up 5.76% or 0.92 points to 16.90 in late trade.

The worst performers of the session were Oi SA (SA:OIBR4), which fell 7.81% or 0.46 points to trade at 5.43 at the close. Rossi Residencial SA (SA:RSID3) declined 3.36% or 0.09 points to end at 2.59 and Qualicorp SA (SA:QUAL3) was down 2.34% or 0.55 points to 22.95.

Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 186 to 88 and 2 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.09% to 36.16.

Gold for June delivery was down 1.27% or 15.20 to $1185.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.60% or 0.29 to hit $48.58 a barrel, while the May US coffee C contract fell 4.15% or 5.72 to trade at $132.18 .

USD/BRL was down 0.45% to 3.2332, while EUR/BRL fell 1.20% to 3.4950.

The US Dollar Index was up 0.71% at 98.31.

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