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Brazil stocks lower at close of trade; Bovespa down 0.17%

Published 09/10/2024, 04:30 PM
© Reuters.  Brazil stocks lower at close of trade; Bovespa down 0.17%
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Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Financials, Electric Power and Telecoms sectors led shares lower.

At the close in Sao Paulo, the Bovespa lost 0.17%.

The best performers of the session on the Bovespa were Azul SA Pref (BVMF:AZUL4), which rose 3.69% or 0.15 points to trade at 4.22 at the close. Meanwhile, Vivara Participacoes SA (BVMF:VIVA3) added 3.09% or 0.85 points to end at 28.34 and Multiplan SA (BVMF:MULT3) was up 2.39% or 0.62 points to 26.52 in late trade.

The worst performers of the session were Ultrapar Participacoes SA (BVMF:UGPA3), which fell 3.91% or 0.93 points to trade at 22.86 at the close. Sendas Distribuidora SA (BVMF:ASAI3) declined 3.78% or 0.35 points to end at 8.90 and Pet Center Comercio e Partcipacoes (BVMF:PETZ3) was down 3.71% or 0.18 points to 4.67.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 487 to 471 and 57 ended unchanged.

Shares in Sendas Distribuidora SA (BVMF:ASAI3) fell to all time lows; down 3.78% or 0.35 to 8.90.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 5.34% to 26.93.

Gold Futures for December delivery was up 0.50% or 12.75 to $2,545.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 3.42% or 2.35 to hit $66.36 a barrel, while the December US coffee C contract rose 1.06% or 2.60 to trade at $248.00 .

USD/BRL was up 1.34% to 5.66, while EUR/BRL rose 1.21% to 6.23.

The US Dollar Index Futures was up 0.09% at 101.61.

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