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Brazil shares higher at close of trade; Bovespa up 0.50%

Published 21/12/2018, 20:35
© Reuters.  Brazil shares higher at close of trade; Bovespa up 0.50%
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Investing.com – Brazil equities were higher at the close on Friday, as gains in the Basic Materials, Consumption and Industrials sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa gained 0.50%.

The biggest gainers of the session on the Bovespa were Suzano Papel e Celulose SA (SA:SUZB3), which rose 5.69% or 2.09 points to trade at 38.80 at the close. Embraer SA (SA:EMBR3) added 5.50% or 1.12 points to end at 21.47 and Lojas Renner SA (SA:LREN3) was up 4.53% or 1.79 points to 41.30 in late trade.

Biggest losers included MRV Engenharia e Participacoes SA (SA:MRVE3), which lost 5.43% or 0.69 points to trade at 12.01 in late trade. Cia Paranaense de Energia (SA:CPLE6) declined 4.72% or 1.48 points to end at 29.87 and Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4) shed 2.52% or 0.64 points to 24.74.

Advancing stocks outnumbered falling ones by 245 to 209 and 32 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.25% to 35.43.

In commodities trading, Gold Futures for February delivery was down 0.79% or 10.00 to $1257.90 a troy ounce. Meanwhile, Crude oil for delivery in February fell 1.13% or 0.52 to hit $45.36 a barrel, while the March US coffee C contract fell 2.68% or 2.75 to trade at $99.75 .

USD/BRL was up 1.65% to 3.9050, while EUR/BRL rose 0.81% to 4.4343.

The US Dollar Index Futures was up 0.86% at 96.553.

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