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Brazil stocks lower at close of trade; Bovespa down 0.11%

Published 04/24/2018, 04:25 PM
© Reuters.  Brazil stocks lower at close of trade; Bovespa down 0.11%
IBOV
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IEE
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IMOB
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UTIL
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BRML3
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CIEL3
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CSAN3
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QUAL3
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UGPA3
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VXEWZ
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KLBN11
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Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Real Estate, Electric Power and Public Utilities sectors led shares lower.

At the close in Sao Paulo, the Bovespa declined 0.11%.

The best performers of the session on the Bovespa were Qualicorp SA (SA:QUAL3), which rose 5.16% or 1.14 points to trade at 23.23 at the close. Meanwhile, Cosan SA Industria e Comercio (SA:CSAN3) added 4.63% or 1.75 points to end at 39.55 and Cielo SA (SA:CIEL3) was up 3.21% or 0.60 points to 19.30 in late trade.

The worst performers of the session were Ultrapar Participacoes SA (SA:UGPA3), which fell 3.48% or 2.19 points to trade at 60.81 at the close. Klabin Unt (SA:KLBN11) declined 3.22% or 0.67 points to end at 20.14 and BR Malls Participacoes SA (SA:BRML3) was down 2.70% or 0.30 points to 10.82.

Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 255 to 176 and 31 ended unchanged.

Shares in Ultrapar Participacoes SA (SA:UGPA3) fell to 52-week lows; falling 3.48% or 2.19 to 60.81. Shares in BR Malls Participacoes SA (SA:BRML3) fell to 52-week lows; falling 2.70% or 0.30 to 10.82.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.22% to 27.64.

Gold Futures for June delivery was up 0.68% or 9.00 to $1333.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 1.19% or 0.82 to hit $67.82 a barrel, while the July US coffee C contract rose 1.55% or 1.84 to trade at $120.42 .

USD/BRL was up 0.56% to 3.4714, while EUR/BRL rose 0.76% to 4.2464.

The US Dollar Index Futures was down 0.15% at 90.55.

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