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Brazil stocks lower at close of trade; Bovespa down 0.99%

Published 10/01/2018, 04:25 PM
Updated 10/01/2018, 04:26 PM
Brazil stocks lower at close of trade; Bovespa down 0.99%
IBOV
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IEE
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IFNC
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UTIL
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BRAP4
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CCRO3
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ELET6
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QUAL3
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VALE3
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VXEWZ
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VVAR11
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Investing.com – Brazil stocks were lower after the close on Monday, as losses in the Electric Power, Financials and Public Utilities sectors led shares lower.

At the close in Sao Paulo, the Bovespa declined 0.99%.

The best performers of the session on the Bovespa were Bradespar SA (SA:BRAP4), which rose 1.59% or 0.59 points to trade at 37.66 at the close. Meanwhile, CCR SA (SA:CCRO3) added 0.71% or 0.06 points to end at 8.52 and Vale SA (SA:VALE3) was up 0.57% or 0.34 points to 60.16 in late trade.

The worst performers of the session were Qualicorp SA (SA:QUAL3), which fell 29.79% or 4.91 points to trade at 11.57 at the close. Viavarejo Unt (SA:VVAR11) declined 14.28% or 2.13 points to end at 12.79 and Centrais Eletricas Brasileiras SA (SA:ELET6) was down 5.05% or 0.94 points to 17.68.

Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 317 to 136 and 40 ended unchanged.

Shares in Qualicorp SA (SA:QUAL3) fell to all time lows; down 29.79% or 4.91 to 11.57. Shares in Viavarejo Unt (SA:VVAR11) fell to 52-week lows; down 14.28% or 2.13 to 12.79.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.23% to 48.36.

Gold Futures for December delivery was down 0.32% or 3.80 to $1192.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 3.24% or 2.37 to hit $75.62 a barrel, while the December US coffee C contract fell 0.24% or 0.25 to trade at $102.15 .

USD/BRL was down 0.49% to 4.0320, while EUR/BRL fell 0.71% to 4.6690.

The US Dollar Index Futures was up 0.13% at 94.92.

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