🔺 What to do when markets are at an all-time high? Find smart bargains, like these.See Undervalued Shares

Brazil shares lower at close of trade; Bovespa down 1.20%

Published 08/12/2016, 20:30
© Reuters.  Brazil shares lower at close of trade; Bovespa down 1.20%
VALE
-
IBOV
-
INDX
-
ICON
-
IMAT
-
CYRE3
-
EMBR3
-
MULT3
-
QUAL3
-
VXEWZ
-
KLBN11
-

Investing.com – Brazil equities were lower at the close on Thursday, as losses in the Basic Materials, Industrials and Consumption sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa fell 1.20%.

The biggest gainers of the session on the Bovespa were Qualicorp SA (SA:QUAL3), which rose 4.95% or 0.87 points to trade at 18.46 at the close. Multiplan SA (SA:MULT3) added 2.65% or 1.50 points to end at 58.05 and Klabin Unt (SA:KLBN11) was up 1.82% or 0.31 points to 17.32 in late trade.

Biggest losers included Embraer SA (SA:EMBR3), which lost 4.48% or 0.76 points to trade at 16.20 in late trade. Vale SA (SA:VALE5) declined 3.99% or 1.11 points to end at 26.73 and Cyrela Brazil Realty SA (SA:CYRE3) shed 3.54% or 0.35 points to 9.54.

Declining stocks outnumbered rising ones by 188 to 159 and 36 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.94% to 37.43.

In commodities trading, Gold for February delivery was down 0.43% or 5.10 to $1172.40 a troy ounce. Meanwhile, Crude oil for delivery in January rose 2.09% or 1.04 to hit $50.81 a barrel, while the March US coffee C contract fell 0.39% or 0.55 to trade at $141.57 .

USD/BRL was down 0.26% to 3.3740, while EUR/BRL fell 1.50% to 3.5827.

The US Dollar Index was up 0.83% at 101.11.

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.