Brazilian Stock Market Update

Investing.com – Brazil stocks were higher after the close on Thursday, with gains in the Consumption, Real Estate, and Financials sectors leading the push upward.

At the close in Sao Paulo, the Bovespa gained 0.61%.

Best Performers

The best performers of the session on the Bovespa included:
– Lojas Renner SA (BVMF:LREN3): Up 4.84% or 0.87 points, closing at 18.83.
– Cvc Brasil ON (BVMF:CVCB3): Increased 4.76% or 0.09 points, ending at 1.98.
– Cogna Educacao SA (BVMF:COGN3): Gained 4.23% or 0.06 points, closing at 1.48.

Worst Performers

The worst performers of the session were:
– IRB Brasil Resseguros SA (BVMF:IRBR3): Fell 7.32% or 3.49 points, trading at 44.22.
– Companhia Brasileira De Distribuica (BVMF:PCAR3): Declined 2.71% or 0.09 points, ending at 3.23.
– Braskem SA (BVMF:BRKM5): Down 1.69% or 0.30 points, trading at 17.40.

Market Overview

Rising stocks outnumbered declining ones on the B3 Stock Exchange by 492 to 469, with 40 remaining unchanged.

The CBOE Brazil ETF Volatility, which measures implied volatility of Bovespa options, was up 2.20% to 29.24.

Commodities Update

Gold Futures for December delivery rose 0.71% or 19.30 to $2,748.70 a troy ounce. In other commodities trading:
– Crude oil for December delivery fell 0.38% or 0.27, hitting $70.50 a barrel.
– December US coffee C contract fell 3.05% or 7.70, trading at $244.65.

Currency Exchange

The exchange rates saw:
– USD/BRL down 0.41% to 5.67
– EUR/BRL down 0.27% to 6.13

The US Dollar Index Futures was down 0.38% at 103.88.