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Brazil stocks lower at close of trade; Bovespa down 2.50%

Published 12/10/2018, 03:35 PM
Updated 12/10/2018, 03:36 PM
© Reuters.  Brazil stocks lower at close of trade; Bovespa down 2.50%
IBOV
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INDX
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ICON
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IFNC
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CYRE3
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GOLL4
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HYPE3
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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, Consumption and Industrials sectors led shares lower.

At the close in Sao Paulo, the Bovespa fell 2.50%.

The best performers of the session on the Bovespa were Embraer SA (SA:EMBR3), which rose 2.00% or 0.41 points to trade at 20.88 at the close. Meanwhile, Cyrela Brazil Realty SA (SA:CYRE3) added 1.69% or 0.25 points to end at 15.00 and Hypermarcas SA (SA:HYPE3) was up 1.52% or 0.48 points to 32.03 in late trade.

The worst performers of the session were Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4), which fell 7.12% or 1.41 points to trade at 18.40 at the close. Marfrig Alimentos SA (SA:MRFG3) declined 5.43% or 0.34 points to end at 5.92 and Petroleo Brasileiro SA PN (SA:PETR4) was down 5.37% or 1.33 points to 23.44.

Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 317 to 121 and 26 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 6.19% to 37.03.

Gold Futures for February delivery was down 0.26% or 3.20 to $1249.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 3.40% or 1.79 to hit $50.82 a barrel, while the March US coffee C contract rose 1.10% or 1.15 to trade at $105.25 .

USD/BRL was up 0.27% to 3.9177, while EUR/BRL fell 0.06% to 4.4478.

The US Dollar Index Futures was up 0.73% at 97.178.

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