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Brazil shares lower at close of trade; Bovespa down 1.40%

Published 12/12/2024, 21:30
Brazil shares lower at close of trade; Bovespa down 1.40%
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Investing.com – Brazil equities were lower at the close on Thursday, as losses in the Consumption, Real Estate and Industrials sectors propelled shares lower.

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

The biggest gainers of the session on the Bovespa were Hapvida Participacoes e Investimentos (BVMF:HAPV3), which rose 1.12% or 0.03 points to trade at 2.70 at the close. Klabin Unt (BVMF:KLBN11) fell 0.26% or 0.06 points to end at 23.31 and Santos Brasil Participacoes SA (BVMF:STBP3) was down 0.69% or 0.09 points to 12.92 in late trade.

Biggest losers included Companhia Brasileira De Distribuica (BVMF:PCAR3), which lost 11.02% or 0.28 points to trade at 2.26 in late trade. Pet Center Comercio e Partcipacoes (BVMF:PETZ3) declined 10.55% or 0.46 points to end at 3.90 and Minerva SA/Brazil (BVMF:BEEF3) shed 9.62% or 0.60 points to 5.64.

Declining stocks outnumbered rising ones by 688 to 284 and 22 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 6.55% to 33.52.

In commodities trading, Gold Futures for February delivery was down 1.82% or 50.15 to $2,706.55 a troy ounce. Meanwhile, Crude oil for delivery in January fell 0.34% or 0.24 to hit $70.05 a barrel, while the March US coffee C contract fell 0.61% or 1.96 to trade at $318.24 .

USD/BRL was up 0.63% to 5.99, while EUR/BRL rose 0.37% to 6.27.

The US Dollar Index Futures was up 0.27% at 106.68.

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