Brazil stocks higher at close of trade; Bovespa up 0.48%

  • December 19, 2024

Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Consumption , Real Estate and Electric Power sectors led shares higher.

At the close in Sao Paulo, the Bovespa added 0.48%.

The best performers of the session on the Bovespa were Automob Participações SA (BVMF: AMOB3 ), which rose 34.29% or 0.12 points to trade at 0.47 at the close. Meanwhile, Localiza Rent a Car SA (BVMF: RENT3 ) added 8.75% or 2.62 points to end at 32.55 and Atacadao SA (BVMF: CRFB3 ) was up 8.20% or 0.46 points to 6.07 in late trade.

The worst performers of the session were Companhia Siderurgica Nacional (BVMF: CSNA3 ), which fell 2.53% or 0.24 points to trade at 9.25 at the close. Vale SA (BVMF: VALE3 ) declined 1.90% or 1.04 points to end at 53.77 and CSN Mineracao SA (BVMF: CMIN3 ) was down 1.87% or 0.10 points to 5.25.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 604 to 381 and 39 ended unchanged.

Shares in Companhia Siderurgica Nacional (BVMF: CSNA3 ) fell to 52-week lows; falling 2.53% or 0.24 to 9.25. Shares in Vale SA (BVMF: VALE3 ) fell to 52-week lows; falling 1.90% or 1.04 to 53.77.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 27.60% to 39.81 a new 1-month high.

Gold Futures for February delivery was down 1.62% or 42.91 to $2,610.39 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 1.93% or 1.36 to hit $69.22 a barrel, while the March US coffee C contract fell 2.68% or 8.93 to trade at $323.72 .

USD/BRL was down 2.17% to 6.15, while EUR/BRL fell 2.04% to 6.38.

The US Dollar Index Futures was up 0.36% at 108.14.