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Brazil shares lower at close of trade; Bovespa down 0.81%

Published 02/09/2024, 21:30
Updated 02/09/2024, 21:35
© Reuters.  Brazil shares lower at close of trade; Bovespa down 0.81%
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Investing.com – Brazil equities were lower at the close on Monday, as losses in the Industrials, Consumption and Real Estate sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa fell 0.81%.

The biggest gainers of the session on the Bovespa were Sendas Distribuidora SA (BVMF:ASAI3), which rose 2.40% or 0.23 points to trade at 9.80 at the close. 3R Petroleum Oleo E Gas Sa (BVMF:RRRP3) added 1.97% or 0.52 points to end at 26.89 and IRB Brasil Resseguros SA (BVMF:IRBR3) was up 1.94% or 0.94 points to 49.32 in late trade.

Biggest losers included Azul SA Pref (BVMF:AZUL4), which lost 18.18% or 0.98 points to trade at 4.41 in late trade. BRF SA (BVMF:BRFS3) declined 6.02% or 1.58 points to end at 24.65 and Marfrig Alimentos SA (BVMF:MRFG3) shed 4.26% or 0.62 points to 13.94.

Declining stocks outnumbered rising ones by 471 to 408 and 48 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.67% to 26.45.

In commodities trading, Gold Futures for December delivery was up 0.16% or 4.10 to $2,531.70 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.67% or 0.49 to hit $74.04 a barrel, while the December US coffee C contract fell 1.43% or 3.55 to trade at $244.05 .

USD/BRL was up 0.10% to 5.62, while EUR/BRL fell 0.31% to 6.22.

The US Dollar Index Futures was down 0.04% at 101.58.

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