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Brazil shares higher at close of trade; Bovespa up 1.40%

Published 05/12/2024, 21:30
© Reuters Brazil shares higher at close of trade; Bovespa up 1.40%
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Investing.com – Brazil equities were higher at the close on Thursday, as gains in the Real Estate, Public Utilities and Financials sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa added 1.40%.

The biggest gainers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (BVMF:ELET3), which rose 4.02% or 1.41 points to trade at 36.46 at the close. Multiplan SA (BVMF:MULT3) added 3.63% or 0.83 points to end at 23.70 and Iguatemi SA Unit (BVMF:IGTI11) was up 3.54% or 0.65 points to 19.03 in late trade.

Biggest losers included Cvc Brasil ON (BVMF:CVCB3), which lost 8.98% or 0.23 points to trade at 2.33 in late trade. Hapvida Participacoes e Investimentos (BVMF:HAPV3) declined 1.15% or 0.03 points to end at 2.59 and Braskem SA (BVMF:BRKM5) shed 1.11% or 0.17 points to 15.21.

Declining stocks outnumbered rising ones by 571 to 426 and 50 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.77% to 31.58.

In commodities trading, Gold Futures for February delivery was down 0.81% or 21.75 to $2,654.45 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.03% or 0.02 to hit $68.52 a barrel, while the March US coffee C contract rose 3.58% or 10.88 to trade at $314.58 .

USD/BRL was down 0.48% to 6.01, while EUR/BRL rose 0.26% to 6.37.

The US Dollar Index Futures was down 0.55% at 105.71.

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