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Brazil stocks lower at close of trade; Bovespa down 1.82%

Published 04/09/2018, 04:25 PM
© Reuters.  Brazil stocks lower at close of trade; Bovespa down 1.82%
IBOV
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IMOB
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IFNC
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UTIL
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BBDC3
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CIEL3
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ELET3
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ELET6
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ENBR3
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MRFG3
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VXEWZ
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Investing.com – Brazil stocks were lower after the close on Monday, as losses in the Financials, Public Utilities and Real Estate sectors led shares lower.

At the close in Sao Paulo, the Bovespa fell 1.82% to hit a new 1-month low.

The best performers of the session on the Bovespa were Marfrig Alimentos SA (SA:MRFG3), which rose 18.81% or 1.17 points to trade at 7.39 at the close. Meanwhile, EDP - Energias do Brasil SA (SA:ENBR3) added 1.21% or 0.16 points to end at 13.38 and Cielo SA (SA:CIEL3) was up 1.14% or 0.23 points to 20.45 in late trade.

The worst performers of the session were Centrais Eletricas Brasileiras SA (SA:ELET3), which fell 9.56% or 1.94 points to trade at 18.36 at the close. Centrais Eletricas Brasileiras SA (SA:ELET6) declined 7.20% or 1.70 points to end at 21.90 and Banco Bradesco SA (SA:BBDC3) was down 4.85% or 1.64 points to 32.15.

Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 273 to 192 and 32 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 7.74% to 33.54.

Gold Futures for June delivery was up 0.31% or 4.10 to $1340.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 2.06% or 1.28 to hit $63.34 a barrel, while the May US coffee C contract rose 1.00% or 1.17 to trade at $118.55 .

USD/BRL was up 1.39% to 3.4174, while EUR/BRL rose 1.76% to 4.2111.

The US Dollar Index Futures was down 0.31% at 89.54.

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