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Brazil shares lower at close of trade; Bovespa down 2.32%

Published 29/10/2018, 20:25
Brazil shares lower at close of trade; Bovespa down 2.32%
IBOV
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IEE
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ICON
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IMAT
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CIEL3
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CMIG4
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GOLL4
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SBSP3
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TIMS3
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COGN3
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VXEWZ
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Investing.com – Brazil equities were lower at the close on Monday, as losses in the Basic Materials, Consumption and Electric Power sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa declined 2.32%.

The biggest gainers of the session on the Bovespa were Cielo SA (SA:CIEL3), which rose 1.89% or 0.23 points to trade at 12.38 at the close. Cia de Saneamento Basico do Estado (SA:SBSP3) added 1.80% or 0.50 points to end at 28.30 and Tim Participacoes SA (SA:TIMP3) was up 1.69% or 0.18 points to 10.81 in late trade.

Biggest losers included Kroton Educacional SA (SA:KROT3), which lost 7.22% or 0.84 points to trade at 10.80 in late trade. CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) declined 5.48% or 0.66 points to end at 11.39 and Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4) shed 6.37% or 1.16 points to 17.05.

Declining stocks outnumbered rising ones by 289 to 187 and 31 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 7.85% to 43.17.

In commodities trading, Gold Futures for December delivery was down 0.12% or 1.50 to $1231.00 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.15% or 0.78 to hit $66.81 a barrel, while the December US coffee C contract fell 4.47% or 5.35 to trade at $114.30 .

USD/BRL was up 1.87% to 3.7117, while EUR/BRL rose 1.71% to 4.2259.

The US Dollar Index Futures was up 0.26% at 96.38.

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