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Brazil shares higher at close of trade; Bovespa up 1.14%

Published 01/11/2018, 20:25
© Reuters.  Brazil shares higher at close of trade; Bovespa up 1.14%
IBOV
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IEE
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ICON
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IFNC
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BBDC3
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BBDC4
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AMER3
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CIEL3
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CYRE3
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PCAR4
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VXEWZ
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Investing.com – Brazil equities were higher at the close on Thursday, as gains in the Financials, Electric Power and Consumption sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa rose 1.14% to hit a new all time high.

The biggest gainers of the session on the Bovespa were Companhia Brasileira deDistribuicao (SA:PCAR4), which rose 6.70% or 5.24 points to trade at 83.46 at the close. Banco Bradesco SA Pref (SA:BBDC4) added 5.71% or 1.96 points to end at 36.26 and Banco Bradesco SA (SA:BBDC3) was up 5.26% or 1.59 points to 31.84 in late trade.

Biggest losers included B2W Cia Digital (SA:BTOW3), which lost 6.84% or 2.36 points to trade at 32.14 in late trade. Cyrela Brazil Realty SA (SA:CYRE3) declined 2.40% or 0.35 points to end at 14.25 and Cielo SA (SA:CIEL3) shed 2.20% or 0.29 points to 12.91.

Advancing stocks outnumbered falling ones by 282 to 137 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 1.62% to 40.81.

In commodities trading, Gold Futures for December delivery was up 1.86% or 22.60 to $1234.90 a troy ounce. Meanwhile, Crude oil for delivery in December fell 2.74% or 1.79 to hit $63.52 a barrel, while the December US coffee C contract rose 4.88% or 5.50 to trade at $118.20 .

USD/BRL was down 0.65% to 3.7002, while EUR/BRL rose 0.19% to 4.2208.

The US Dollar Index Futures was down 0.83% at 96.10.

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