Black Friday Sale! Save huge on InvestingProGet up to 60% off

Brazil shares higher at close of trade; Bovespa up 0.28%

Published 2017-05-11, 04:35 p/m
© Reuters.  Brazil shares higher at close of trade; Bovespa up 0.28%
IBOV
-
IEE
-
IMOB
-
IFNC
-
BBAS3
-
ELET3
-
ELET6
-
MRFG3
-
MRVE3
-
SUZB5
-
VXEWZ
-

Investing.com – Brazil equities were higher at the close on Thursday, as gains in the Financials, Real Estate and Electric Power sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa added 0.28% to hit a new 1-month high.

The biggest gainers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET3), which rose 8.52% or 1.37 points to trade at 17.45 at the close. Centrais Eletricas Brasileiras SA (SA:ELET6) added 6.35% or 1.25 points to end at 20.92 and Banco do Brasil SA (SA:BBAS3) was up 3.12% or 1.04 points to 34.39 in late trade.

Biggest losers included Marfrig Alimentos SA (SA:MRFG3), which lost 3.54% or 0.28 points to trade at 7.62 in late trade. Suzano Papel e Celulose SA (SA:SUZB5) declined 3.02% or 0.39 points to end at 12.51 and MRV Engenharia e Participacoes SA (SA:MRVE3) shed 2.46% or 0.38 points to 15.06.

Advancing stocks outnumbered falling ones by 184 to 163 and 52 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.82% to 32.87.

In commodities trading, Gold Futures for June delivery was up 0.48% or 5.86 to $1224.76 a troy ounce. Meanwhile, Crude oil for delivery in June rose 1.04% or 0.49 to hit $47.82 a barrel, while the July US coffee C contract fell 1.56% or 2.13 to trade at $134.27 .

USD/BRL was down 0.80% to 3.1425, while EUR/BRL fell 0.77% to 3.4145.

The US Dollar Index Futures was up 0.02% at 99.52.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.