Brazil stocks higher at close of trade; Bovespa up 0.39%

  • January 21, 2025

Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Basic Materials , Real Estate and Industrials sectors led shares higher.

At the close in Sao Paulo, the Bovespa rose 0.39% to hit a new 1-month high.

The best performers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais SA USIMINAS Pref (BVMF: USIM5 ), which rose 5.36% or 0.27 points to trade at 5.31 at the close. Meanwhile, Brava Energia SA (BVMF: BRAV3 ) added 4.26% or 1.01 points to end at 24.72 and Braskem SA (BVMF: BRKM5 ) was up 3.57% or 0.49 points to 14.23 in late trade.

The worst performers of the session were BRF SA (BVMF: BRFS3 ), which fell 6.61% or 1.54 points to trade at 21.75 at the close. Marfrig Alimentos SA (BVMF: MRFG3 ) declined 4.04% or 0.63 points to end at 14.95 and Raizen SA Preferred (BVMF: RAIZ4 ) was down 3.11% or 0.06 points to 1.87.

Rising stocks outnumbered declining ones on the B3 Stock Exchange by 483 to 440 and 64 ended unchanged.

Shares in Raizen SA Preferred (BVMF: RAIZ4 ) fell to all time lows; losing 3.11% or 0.06 to 1.87.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 1.68% to 28.16.

Gold Futures for February delivery was up 0.24% or 6.69 to $2,755.39 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.82% or 1.41 to hit $75.98 a barrel, while the March US coffee C contract rose 0.15% or 0.48 to trade at $328.83 .

USD/BRL was down 0.11% to 6.03, while EUR/BRL fell 0.11% to 6.28.

The US Dollar Index Futures was down 1.29% at 107.79.