Investing

Brazil stocks lower at close of trade; Bovespa down 1.09%

Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Electric Power, Real Estate and Consumption sectors led shares lower.

At the close in Sao Paulo, the Bovespa fell 1.09% to hit a new 6-months low.

The best performers of the session on the Bovespa were Hypera SA (BVMF:HYPE3), which rose 3.32% or 0.60 points to trade at 18.65 at the close. Meanwhile, Suzano Papel e Celulose SA (BVMF:SUZB3) added 2.72% or 1.62 points to end at 61.24 and IRB Brasil Resseguros SA (BVMF:IRBR3) was up 2.42% or 0.91 points to 38.50 in late trade.

The worst performers of the session were Automob Participações SA (BVMF:AMOB3), which fell 19.05% or 0.08 points to trade at 0.34 at the close. Azul SA Pref (BVMF:AZUL4) declined 9.34% or 0.34 points to end at 3.30 and Brava Energia SA (BVMF:BRAV3) was down 7.67% or 1.59 points to 19.13.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 0 to 0.

Shares in Automob Participações SA (BVMF:AMOB3) fell to all time lows; losing 19.05% or 0.08 to 0.34. Shares in Azul SA Pref (BVMF:AZUL4) fell to all time lows; down 9.34% or 0.34 to 3.30.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 4.00% to 34.58.

Gold Futures for February delivery was up 0.20% or 5.30 to $2,633.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 1.33% or 0.92 to hit $70.16 a barrel, while the March US coffee C contract rose 0.69% or 2.27 to trade at $329.52 .

USD/BRL was unchanged 0.04% to 6.19, while EUR/BRL fell 0.09% to 6.44.

The US Dollar Index Futures was up 0.18% at 108.00.

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