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Brazil shares higher at close of trade; Bovespa up 0.28%

Published 17/02/2018, 07:30 am
© Reuters.  Brazil shares higher at close of trade; Bovespa up 0.28%
IBOV
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INDX
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Investing.com – Brazil equities were higher at the close on Friday, as gains in the Basic Materials, Financials and Industrials sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa gained 0.28%.

The biggest gainers of the session on the Bovespa were Fibria Celulose SA (SA:FIBR3), which rose 6.60% or 3.55 points to trade at 57.30 at the close. Gerdau SA Pref (SA:GGBR4) added 6.20% or 0.93 points to end at 15.93 and Metalurgica Gerdau SA (SA:GOAU4) was up 5.68% or 0.40 points to 7.44 in late trade.

Biggest losers included Braskem SA (SA:BRKM5), which lost 3.74% or 1.71 points to trade at 44.02 in late trade. Itau Unibanco Banco Holding SA (SA:ITUB4) declined 3.49% or 1.84 points to end at 50.83 and BRF SA (SA:BRFS3) shed 2.62% or 0.80 points to 29.70.

Advancing stocks outnumbered falling ones by 243 to 184 and 42 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.18% to 29.97.

In commodities trading, Gold Futures for April delivery was down 0.35% or 4.70 to $1350.60 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.46% or 0.28 to hit $61.62 a barrel, while the March US coffee C contract fell 3.22% or 3.92 to trade at $117.80 .

USD/BRL was up 0.10% to 3.2311, while EUR/BRL fell 0.65% to 4.0109.

The US Dollar Index Futures was up 0.63% at 89.03.

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