Brazil Stocks Close Lower

Investing.com – Brazil stocks were lower after the close on Thursday, as losses in the Financials, Consumption, and Industrials sectors led shares lower.

At the close in Sao Paulo, the Bovespa lost 0.71%.

Best Performers

The best performers of the session on the Bovespa were:
– BRF SA (BVMF:BRFS3): rose 2.86% or 0.73 points to trade at 26.23 at the close.
– CSN Mineracao SA (BVMF:CMIN3): added 2.31% or 0.14 points to end at 6.21.
– Marfrig Alimentos SA (BVMF:MRFG3): was up 1.82% or 0.28 points to 15.69 in late trade.

Worst Performers

The worst performers of the session included:
– Hypera SA (BVMF:HYPE3): fell 8.30% or 2.00 points to trade at 22.10 at the close.
– Cvc Brasil ON (BVMF:CVCB3): declined 5.09% or 0.11 points to end at 2.05.
– Banco Bradesco SA Pref (BVMF:BBDC4): was down 4.39% or 0.66 points to 14.37.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 528 to 424, with 64 ending unchanged.

Highlights

• Shares in BRF SA rose to 3-year highs; gaining 2.86% or 0.73 to 26.23.
• Shares in Hypera SA fell to 5-year lows; losing 8.30% or 2.00 to 22.10.
• Shares in Marfrig Alimentos SA rose to 52-week highs; rising 1.82% or 0.28 to 15.69.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 4.28% to 32.63.

Commodities Trading

• Gold Futures for December delivery was down 1.54% or 43.10 to $2,757.70 a troy ounce.
• Crude oil for delivery in December rose 2.75% or 1.89 to hit $70.50 a barrel.
• The December US coffee C contract fell 1.38% or 3.45 to trade at $246.15.

Currency Exchange

• USD/BRL was up 0.37% to 5.78.
• EUR/BRL rose 0.59% to 6.29.

The US Dollar Index Futures was down 0.05% at 103.81.