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Brazil stocks lower at close of trade; Bovespa down 0.35%

Published 01/07/2019, 03:25 PM
© Reuters.  Brazil stocks lower at close of trade; Bovespa down 0.35%
IBOV
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ICON
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IMAT
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UTIL
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ELET3
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ELET6
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GOLL4
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LAME4
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PETR3
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TIMS3
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VXEWZ
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Investing.com – Brazil stocks were lower after the close on Monday, as losses in the Public Utilities, Basic Materials and Consumption sectors led shares lower.

At the close in Sao Paulo, the Bovespa declined 0.35%.

The best performers of the session on the Bovespa were Petroleo Brasileiro SA (SA:PETR3), which rose 3.24% or 0.89 points to trade at 28.40 at the close. Meanwhile, Tim Participacoes SA (SA:TIMP3) added 3.09% or 0.37 points to end at 12.35 and Lojas Americanas SA (SA:LAME4) was up 2.94% or 0.57 points to 19.98 in late trade.

The worst performers of the session were Centrais Eletricas Brasileiras SA (SA:ELET3), which fell 5.11% or 1.56 points to trade at 28.97 at the close. Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4) declined 4.40% or 1.10 points to end at 23.90 and Centrais Eletricas Brasileiras SA (SA:ELET6) was down 4.30% or 1.46 points to 32.50.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 235 to 216 and 32 ended unchanged.

Shares in Lojas Americanas SA (SA:LAME4) rose to 52-week highs; gaining 2.94% or 0.57 to 19.98.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.06% to 34.59.

Gold Futures for February delivery was up 0.20% or 2.60 to $1288.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.48% or 0.71 to hit $48.67 a barrel, while the March US coffee C contract rose 1.18% or 1.20 to trade at $102.80 .

USD/BRL was up 0.54% to 3.7356, while EUR/BRL rose 1.30% to 4.2861.

The US Dollar Index Futures was down 0.50% at 95.268.

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