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Brazil shares lower at close of trade; Bovespa down 1.73%

Published 27/11/2024, 21:30
© Reuters.  Brazil shares lower at close of trade; Bovespa down 1.73%
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Investing.com – Brazil equities were lower at the close on Wednesday, as losses in the Real Estate, Consumption and Financials sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa lost 1.73%.

The biggest gainers of the session on the Bovespa were Natura & Co SA (BVMF:NTCO3), which rose 3.06% or 0.44 points to trade at 14.80 at the close. Marfrig Alimentos SA (BVMF:MRFG3) added 2.46% or 0.45 points to end at 18.75 and Usinas Siderurgicas de Minas Gerais SA USIMINAS Pref (BVMF:USIM5) was up 1.92% or 0.12 points to 6.36 in late trade.

Biggest losers included Magazine Luiza SA (BVMF:MGLU3), which lost 9.40% or 1.00 points to trade at 9.64 in late trade. Lwsa SA (BVMF:LWSA3) declined 9.13% or 0.41 points to end at 4.08 and Azzas 2154 SA (BVMF:AZZA3) shed 7.21% or 3.06 points to 39.40.

Declining stocks outnumbered rising ones by 508 to 474 and 44 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.34% to 29.10.

In commodities trading, Gold Futures for February delivery was up 0.52% or 13.75 to $2,660.05 a troy ounce. Meanwhile, Crude oil for delivery in January rose 0.01% or 0.01 to hit $68.78 a barrel, while the March US coffee C contract rose 5.51% or 17.03 to trade at $325.88 .

USD/BRL was up 2.22% to 5.94, while EUR/BRL rose 2.95% to 6.27.

The US Dollar Index Futures was down 0.87% at 106.04.

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