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Brazil shares lower at close of trade; Bovespa down 0.31%

Published 11-09-2024, 02:00 am
© Reuters Brazil shares lower at close of trade; Bovespa down 0.31%
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Investing.com – Brazil equities were lower at the close on Tuesday, as losses in the Bovespa Electrical Energy, Financials and Telecom Sector sectors led shares lower.

At the close in Sao Paulo, the Bovespa lost 0.31%.

The biggest gainers of the session on the Bovespa were Azul SA Pref (BVMF:AZUL4), which rose 3.69% or 0.15 points to trade at 4.22 at the close. Vivara Participacoes SA (BVMF:VIVA3) added 3.09% or 0.85 points to end at 28.34 and Multiplan SA (BVMF:MULT3) was up 2.39% or 0.62 points to 26.52 in late trade.

Biggest losers included Ultrapar Participacoes SA (BVMF:UGPA3), which fell 3.91% or 0.93 points to trade at 22.86 in late trade. Sendas Distribuidora SA (BVMF:ASAI3) declined 3.78% or 0.35 points to end at 8.90 and Pet Center Comercio e Partcipacoes (BVMF:PETZ3) down 3.71% or 0.18 points to 4.67.

Falling stocks outnumbered advancing ones by 487 to 471 and 57 ended unchanged on the B3 Stock Exchange.

Shares in Sendas Distribuidora SA (BVMF:ASAI3) fell to all time lows; falling 3.78% or 0.35 to 8.90.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 5.34% to 26.93.

Gold Futures for December delivery was up 0.51% or 12.80 to $2,545.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 3.45% or 2.37 to hit $66.34 a barrel, while the December US coffee C contract rose 1.06% or 2.60 to trade at $248.00 .

USD/BRL was up 1.35% to 5.66, while EUR/BRL rose 1.21% to 6.23.

The US Dollar Index Futures was up 0.09% at 101.61.

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