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Brazil shares lower at close of trade; Bovespa down 0.58%

Published 2018-03-08, 04:30 p/m
Brazil shares lower at close of trade; Bovespa down 0.58%
IBOV
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IMOB
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IFNC
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IMAT
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CSNA3
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FIBR3
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GGBR4
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QUAL3
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RENT3
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VXEWZ
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SUZB3
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Investing.com – Brazil equities were lower at the close on Thursday, as losses in the Basic Materials, Financials and Real Estate sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa lost 0.58%.

The biggest gainers of the session on the Bovespa were Fibria Celulose SA (SA:FIBR3), which rose 6.53% or 4.12 points to trade at 67.22 at the close. Localiza Rent a Car SA (SA:RENT3) added 5.33% or 1.40 points to end at 27.65 and Suzano Papel e Celulose SA (SA:SUZB3) was up 3.64% or 0.80 points to 22.76 in late trade.

Biggest losers included Cia Siderurgica Nacional SA (SA:CSNA3), which lost 5.08% or 0.46 points to trade at 8.59 in late trade. Qualicorp SA (SA:QUAL3) declined 4.81% or 1.38 points to end at 27.32 and Gerdau SA Pref (SA:GGBR4) shed 4.18% or 0.70 points to 16.03.

Advancing stocks outnumbered falling ones by 239 to 200 and 37 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.87% to 31.38.

In commodities trading, Gold Futures for April delivery was down 0.38% or 5.00 to $1322.60 a troy ounce. Meanwhile, Crude oil for delivery in April fell 1.39% or 0.85 to hit $60.30 a barrel, while the May US coffee C contract fell 0.28% or 0.34 to trade at $120.38 .

USD/BRL was up 0.71% to 3.2684, while EUR/BRL fell 0.11% to 4.0239.

The US Dollar Index Futures was up 0.61% at 90.11.

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