Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Brazil stocks higher at close of trade; Bovespa up 0.89%

Published 01/20/2017, 03:30 PM
Updated 01/20/2017, 03:30 PM
© Reuters.  Brazil stocks higher at close of trade; Bovespa up 0.89%

© Reuters. Brazil stocks higher at close of trade; Bovespa up 0.89%

Investing.com – Brazil stocks were higher after the close on Friday, as gains in the Real Estate, Public Utilities and Consumption sectors led shares higher.

At the close in Sao Paulo, the Bovespa gained 0.89% to hit a new 1-month high.

The best performers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 5.24% or 0.24 points to trade at 4.82 at the close. Meanwhile, ALL America Latina Logistica SA (SA:RUMO3) added 5.22% or 0.36 points to end at 7.26 and Bradespar SA (SA:BRAP4) was up 5.00% or 0.99 points to 20.80 in late trade.

The worst performers of the session were Fibria Celulose SA (SA:FIBR3), which fell 2.97% or 0.98 points to trade at 31.98 at the close. Klabin Unt (SA:KLBN11) declined 2.80% or 0.47 points to end at 16.33 and Cielo SA (SA:CIEL3) was down 2.66% or 0.67 points to 24.54.

Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 220 to 123 and 25 ended unchanged.

Shares in Usinas Siderurgicas de Minas Gerais (SA:USIM5) rose to 52-week highs; rising 5.24% or 0.24 to 4.82. Shares in Bradespar SA (SA:BRAP4) rose to 3-years highs; gaining 5.00% or 0.99 to 20.80.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 7.63% to 30.51 a new 1-month low.

Gold for February delivery was up 0.65% or 7.85 to $1209.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 1.96% or 1.02 to hit $53.14 a barrel, while the March US coffee C contract rose 1.60% or 2.41 to trade at $153.23 .

USD/BRL was down 0.85% to 3.1692, while EUR/BRL fell 0.54% to 3.3901.

The US Dollar Index was down 0.27% at 100.83.

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.