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Brazil shares higher at close of trade; Bovespa up 0.59%

Published 11/12/2018, 20:35
Brazil shares higher at close of trade; Bovespa up 0.59%
IBOV
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IEE
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IMOB
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UTIL
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ELET3
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GOLL4
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JBSS3
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MRFG3
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VXEWZ
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SMLS3
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SUZB3
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Investing.com – Brazil equities were higher at the close on Tuesday, as gains in the Public Utilities, Electric Power and Real Estate sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa added 0.59%.

The biggest gainers of the session on the Bovespa were Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4), which rose 13.04% or 2.40 points to trade at 20.80 at the close. Centrais Eletricas Brasileiras SA (SA:ELET3) added 3.91% or 0.97 points to end at 25.77 and Smiles Fidelidade SA (SA:SMLS3) was up 3.55% or 1.50 points to 43.70 in late trade.

Biggest losers included Suzano Papel e Celulose SA (SA:SUZB3), which lost 3.81% or 1.42 points to trade at 35.83 in late trade. JBS SA (SA:JBSS3) declined 3.40% or 0.40 points to end at 11.35 and Marfrig Alimentos SA (SA:MRFG3) shed 1.86% or 0.11 points to 5.81.

Advancing stocks outnumbered falling ones by 251 to 142 and 33 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.08% to 35.75.

In commodities trading, Gold Futures for February delivery was down 0.10% or 1.20 to $1248.20 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.41% or 0.72 to hit $51.72 a barrel, while the March US coffee C contract fell 2.62% or 2.75 to trade at $102.40 .

USD/BRL was down 0.43% to 3.9027, while EUR/BRL fell 0.71% to 4.4194.

The US Dollar Index Futures was up 0.20% at 97.377.

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