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Brazil shares higher at close of trade; Bovespa up 0.67%

Published 05/02/2019, 07:25 am
© Reuters.  Brazil shares higher at close of trade; Bovespa up 0.67%
IBOV
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INDX
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IMOB
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IFNC
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BRAP4
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CIEL3
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GOLL4
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MRFG3
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SANB11
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VALE3
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VXEWZ
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Investing.com – Brazil equities were higher at the close on Monday, as gains in the Financials, Industrials and Real Estate sectors propelled shares higher.

At the close in Sao Paulo, the Bovespa added 0.67% to hit a new all time high.

The biggest gainers of the session on the Bovespa were Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4), which rose 8.27% or 2.06 points to trade at 26.98 at the close. Banco Santander Brasil SA Unit (SA:SANB11) added 3.26% or 1.59 points to end at 50.34 and Marfrig Alimentos SA (SA:MRFG3) was up 3.12% or 0.20 points to 6.60 in late trade.

Biggest losers included Vale SA (SA:VALE3), which lost 3.91% or 1.81 points to trade at 44.44 in late trade. Bradespar SA (SA:BRAP4) declined 2.71% or 0.78 points to end at 27.97 and Cielo SA (SA:CIEL3) shed 2.58% or 0.31 points to 11.72.

Advancing stocks outnumbered falling ones by 292 to 191 and 34 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.44% to 31.05.

In commodities trading, Gold Futures for April delivery was down 0.34% or 4.55 to $1317.55 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.85% or 0.47 to hit $54.79 a barrel, while the March US coffee C contract rose 2.22% or 2.30 to trade at $106.00 .

USD/BRL was up 0.31% to 3.6709, while EUR/BRL rose 0.13% to 4.1975.

The US Dollar Index Futures was up 0.27% at 95.558.

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