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Brazil shares higher at close of trade; Bovespa up 0.12%

Published 10/07/2024, 21:30
© Reuters.  Brazil shares higher at close of trade; Bovespa up 0.12%
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Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Financials, Real Estate and Electric Power sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa added 0.12% to hit a new 1-month high.

The biggest gainers of the session on the Bovespa were Lwsa SA (BVMF:LWSA3), which rose 4.23% or 0.19 points to trade at 4.68 at the close. Banco Santander Brasil SA Unit (BVMF:SANB11) added 3.37% or 0.90 points to end at 27.64 and Ez Tec SA (BVMF:EZTC3) was up 3.19% or 0.44 points to 14.25 in late trade.

Biggest losers included Azul SA Pref (BVMF:AZUL4), which lost 4.61% or 0.41 points to trade at 8.49 in late trade. Vale SA (BVMF:VALE3) declined 1.60% or 1.01 points to end at 62.01 and Natura & Co SA (BVMF:NTCO3) shed 1.57% or 0.25 points to 15.64.

Advancing stocks outnumbered falling ones by 480 to 446 and 66 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 4.27% to 24.24 a new 3-month low.

In commodities trading, Gold Futures for August delivery was up 0.43% or 10.30 to $2,378.20 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.22% or 0.99 to hit $82.40 a barrel, while the September US coffee C contract fell 1.83% or 4.57 to trade at $245.38 .

USD/BRL was unchanged 0.05% to 5.42, while EUR/BRL rose 0.13% to 5.86.

The US Dollar Index Futures was down 0.10% at 104.70.

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