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Brazil stocks lower at close of trade; Bovespa down 0.42%

Published 09/25/2024, 04:30 PM
© Reuters Brazil stocks lower at close of trade; Bovespa down 0.42%
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Investing.com – Brazil stocks were lower after the close on Wednesday, as losses in the Consumption, Real Estate and Public Utilities sectors led shares lower.

At the close in Sao Paulo, the Bovespa lost 0.42%.

The best performers of the session on the Bovespa were Braskem SA (BVMF:BRKM5), which rose 4.42% or 0.85 points to trade at 20.07 at the close. Meanwhile, CSN Mineracao SA (BVMF:CMIN3) added 2.43% or 0.16 points to end at 6.75 and BRF SA (BVMF:BRFS3) was up 2.39% or 0.59 points to 25.27 in late trade.

The worst performers of the session were 3R Petroleum Oleo E Gas Sa (BVMF:BRAV3), which fell 6.47% or 1.26 points to trade at 18.20 at the close. YDUQS Participacoes SA (BVMF:YDUQ3) declined 5.63% or 0.54 points to end at 9.06 and Cogna Educacao SA (BVMF:COGN3) was down 5.30% or 0.07 points to 1.25.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 600 to 337 and 41 ended unchanged.

Shares in YDUQS Participacoes SA (BVMF:YDUQ3) fell to 52-week lows; falling 5.63% or 0.54 to 9.06. Shares in Cogna Educacao SA (BVMF:COGN3) fell to 5-year lows; falling 5.30% or 0.07 to 1.25.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 4.09% to 26.51.

Gold Futures for December delivery was up 0.21% or 5.75 to $2,682.75 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 2.46% or 1.76 to hit $69.80 a barrel, while the December US coffee C contract rose 0.30% or 0.80 to trade at $268.60 .

USD/BRL was up 0.48% to 5.48, while EUR/BRL fell 0.17% to 6.09.

The US Dollar Index Futures was up 0.52% at 100.68.

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