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Brazil shares lower at close of trade; Bovespa down 0.75%

Published 05/10/2018, 21:25
Brazil shares lower at close of trade; Bovespa down 0.75%
IBOV
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INDX
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IFNC
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IMAT
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BRAP4
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CMIG4
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EMBR3
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GGBR4
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QUAL3
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VXEWZ
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CVCB3
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Investing.com – Brazil equities were lower at the close on Friday, as losses in the Basic Materials, Industrials and Financials sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa lost 0.75%.

The biggest gainers of the session on the Bovespa were CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4), which rose 7.45% or 0.60 points to trade at 8.65 at the close. Qualicorp SA (SA:QUAL3) added 4.84% or 0.60 points to end at 13.00 and Cvc Brasil ON (SA:CVCB3) was up 4.80% or 2.20 points to 48.00 in late trade.

Biggest losers included Embraer SA (SA:EMBR3), which lost 3.47% or 0.69 points to trade at 19.18 in late trade. Bradespar SA (SA:BRAP4) declined 3.02% or 1.09 points to end at 34.98 and Gerdau SA Pref (SA:GGBR4) shed 2.53% or 0.41 points to 15.80.

Declining stocks outnumbered rising ones by 255 to 177 and 35 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 6.47% to 55.66 a new 52-week high.

In commodities trading, Gold Futures for December delivery was up 0.52% or 6.20 to $1207.80 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.07% or 0.05 to hit $74.38 a barrel, while the December US coffee C contract rose 2.13% or 2.28 to trade at $109.08 .

USD/BRL was down 0.57% to 3.8516, while EUR/BRL fell 0.52% to 4.4371.

The US Dollar Index Futures was down 0.13% at 95.31.

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