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Brazil shares lower at close of trade; Bovespa down 0.46%

Published 23/03/2018, 20:30
© Reuters.  Brazil shares lower at close of trade; Bovespa down 0.46%
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Investing.com – Brazil equities were lower at the close on Friday, as losses in the Consumption, Real Estate and Industrials sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa lost 0.46%.

The biggest gainers of the session on the Bovespa were BB Seguridade Participacoes SA (SA:BBSE3), which rose 3.00% or 0.86 points to trade at 29.51 at the close. TAESA UNT N2 (SA:TAEE11) added 2.81% or 0.57 points to end at 20.88 and Suzano Papel e Celulose SA (SA:SUZB3) was up 2.12% or 0.69 points to 33.19 in late trade.

Biggest losers included Kroton Educacional SA (SA:KROT3), which lost 4.53% or 0.65 points to trade at 13.70 in late trade. Estacio Participacoes SA (SA:ESTC3) declined 3.50% or 1.31 points to end at 36.16 and Cielo SA (SA:CIEL3) shed 2.74% or 0.60 points to 21.31.

Declining stocks outnumbered rising ones by 289 to 146 and 39 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 3.88% to 32.42 a new 1-month high.

In commodities trading, Gold Futures for April delivery was up 1.50% or 19.90 to $1347.30 a troy ounce. Meanwhile, Crude oil for delivery in May rose 2.60% or 1.67 to hit $65.97 a barrel, while the May US coffee C contract fell 1.38% or 1.64 to trade at $117.33 .

USD/BRL was down 0.02% to 3.3141, while EUR/BRL rose 0.45% to 4.0958.

The US Dollar Index Futures was down 0.44% at 89.08.

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