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Brazil shares lower at close of trade; Bovespa down 0.97%

Published 2018-06-14, 04:25 p/m
Brazil shares lower at close of trade; Bovespa down 0.97%
IBOV
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IMOB
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IFNC
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UTIL
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BBAS3
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BBDC3
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BBDC4
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AMER3
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CIEL3
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MGLU3
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VXEWZ
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Investing.com – Brazil equities were lower at the close on Thursday, as losses in the Financials, Real Estate and Public Utilities sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa lost 0.97% to hit a new 6-month low.

The biggest gainers of the session on the Bovespa were Magazine Luiza SA (SA:MGLU3), which rose 6.22% or 6.99 points to trade at 119.40 at the close. Cielo SA (SA:CIEL3) added 5.14% or 0.75 points to end at 15.33 and B2W Cia Digital (SA:BTOW3) was up 4.12% or 1.05 points to 26.55 in late trade.

Biggest losers included Banco Bradesco SA (SA:BBDC3), which lost 5.13% or 1.23 points to trade at 22.75 in late trade. Banco do Brasil SA (SA:BBAS3) declined 4.53% or 1.20 points to end at 25.30 and Banco Bradesco SA Pref (SA:BBDC4) shed 4.06% or 1.07 points to 25.29.

Declining stocks outnumbered rising ones by 239 to 139 and 30 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 7.83% to 35.93.

In commodities trading, Gold Futures for August delivery was up 0.36% or 4.70 to $1306.00 a troy ounce. Meanwhile, Crude oil for delivery in July rose 0.50% or 0.33 to hit $66.97 a barrel, while the July US coffee C contract fell 0.57% or 0.66 to trade at $115.67 .

USD/BRL was up 2.34% to 3.8079, while EUR/BRL rose 0.52% to 4.4108.

The US Dollar Index Futures was up 1.37% at 94.84.

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