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Brazil shares higher at close of trade; Bovespa up 0.59%

Published 16/10/2018, 07:25 am
Brazil shares higher at close of trade; Bovespa up 0.59%
IBOV
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IEE
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IFNC
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UTIL
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ELET3
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ELET6
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YDUQ3
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GOLL4
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UGPA3
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VXEWZ
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SMLS3
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Investing.com – Brazil equities were higher at the close on Monday, as gains in the Public Utilities, Electric Power and Financials sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa gained 0.59%.

The biggest gainers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET3), which rose 6.24% or 1.23 points to trade at 20.95 at the close. Centrais Eletricas Brasileiras SA (SA:ELET6) added 5.46% or 1.31 points to end at 25.30 and Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4) was up 4.14% or 0.56 points to 14.10 in late trade.

Biggest losers included Smiles Fidelidade SA (SA:SMLS3), which lost 38.92% or 20.17 points to trade at 31.66 in late trade. Estacio Participacoes SA (SA:ESTC3) declined 5.91% or 1.34 points to end at 21.32 and Ultrapar Participacoes SA (SA:UGPA3) shed 3.70% or 1.49 points to 38.73.

Advancing stocks outnumbered falling ones by 249 to 222 and 37 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.15% to 40.84 a new 1-month low.

In commodities trading, Gold Futures for December delivery was up 0.71% or 8.70 to $1230.70 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.46% or 0.33 to hit $71.67 a barrel, while the December US coffee C contract rose 2.44% or 2.83 to trade at $119.05 .

USD/BRL was down 1.20% to 3.7378, while EUR/BRL fell 1.02% to 4.3285.

The US Dollar Index Futures was down 0.20% at 94.75.

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