Brazil shares lower at close of trade; Bovespa down 0.38%

  • Investing.com
  • Stock Market News
Brazil shares lower at close of trade; Bovespa down 0.38%
Credit: © Reuters.

Investing.com – Brazil equities were lower at the close on Tuesday, as losses in the Basic Materials , Public Utilities and Electric Power sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa lost 0.38%.

The biggest gainers of the session on the Bovespa were Localiza Rent a Car SA (SA: RENT3 ), which rose 4.11% or 1.60 points to trade at 40.50 at the close. Lojas Renner SA (SA: LREN3 ) added 2.30% or 0.57 points to end at 25.40 and Kroton Educacional SA (SA: KROT3 ) was up 1.98% or 0.26 points to 13.36 in late trade.

Biggest losers included Vale SA (SA: VALE3 ), which lost 3.94% or 1.41 points to trade at 34.40 in late trade. Banco Santander Brasil SA Unit (SA: SANB11 ) declined 3.68% or 1.31 points to end at 34.25 and Vale SA Pref (SA: VALE5 ) shed 3.36% or 1.12 points to 32.23.

Declining stocks outnumbered rising ones by 228 to 181 and 39 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 0.04% to 26.33 a new 52-week low.

In commodities trading, Gold Futures for April delivery was up 0.35% or 4.25 to $1230.05 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.49% or 0.26 to hit $53.19 a barrel, while the May US coffee C contract fell 0.63% or 0.92 to trade at $145.93 .

USD/BRL was down 0.79% to 3.0853, while EUR/BRL fell 1.07% to 3.2621.

The US Dollar Index Futures was up 0.25% at 101.25.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100

Related Articles