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Brazil shares lower at close of trade; Bovespa down 0.03%

Published 30/08/2024, 21:30
© Reuters Brazil shares lower at close of trade; Bovespa down 0.03%
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Investing.com – Brazil equities were lower at the close on Friday, as losses in the Consumption, Real Estate and Basic Materials sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa fell 0.03%.

The biggest gainers of the session on the Bovespa were CPFL Energia SA (BVMF:CPFE3), which rose 3.74% or 1.23 points to trade at 34.09 at the close. Dexco SA (BVMF:DXCO3) added 3.01% or 0.24 points to end at 8.21 and Engie Brasil Energia SA (BVMF:EGIE3) was up 2.31% or 1.02 points to 45.16 in late trade.

Biggest losers included Pet Center Comercio e Partcipacoes (BVMF:PETZ3), which lost 5.81% or 0.30 points to trade at 4.86 in late trade. Magazine Luiza SA (BVMF:MGLU3) declined 5.66% or 0.73 points to end at 12.16 and Azzas 2154 SA (BVMF:AZZA3) shed 3.39% or 1.72 points to 49.00.

Advancing stocks outnumbered falling ones by 604 to 325 and 61 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 3.07% to 26.90.

In commodities trading, Gold Futures for December delivery was down 0.98% or 25.05 to $2,535.25 a troy ounce. Meanwhile, Crude oil for delivery in October fell 3.07% or 2.33 to hit $73.58 a barrel, while the December US coffee C contract fell 1.70% or 4.22 to trade at $243.38 .

USD/BRL was down 0.15% to 5.62, while EUR/BRL unchanged 0.04% to 6.23.

The US Dollar Index Futures was up 0.36% at 101.64.

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