Brazil Stock Market Update

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

At the close in Sao Paulo, the Bovespa added 0.05%.

Best Performers

• Raia Drogasil SA (BVMF:RADL3): Up 4.13% or 1.04 points to trade at 26.22.
• Itausa – Investimentos Itau SA (BVMF:ITSA4): Added 3.84% or 0.41 points to end at 11.08.
• Braskem SA (BVMF:BRKM5): Up 3.28% or 0.56 points to 17.62 in late trade.

Worst Performers

• Atacadao SA (BVMF:CRFB3): Fell 4.30% or 0.35 points to trade at 7.79.
• Tim Participacoes SA (BVMF:TIMS3): Declined 3.81% or 0.64 points to end at 16.15.
• Minerva SA/Brazil (BVMF:BEEF3): Down 2.70% or 0.16 points to 5.77.

Market Overview

Rising stocks outnumbered declining ones on the B3 Stock Exchange by 477 to 454, and 58 ended unchanged. The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.73% to 36.11, a new 52-week high.

Commodity Prices

• Gold Futures for December delivery was up 0.18% or 4.90 to $2,751.10 a troy ounce.
• Crude oil for December rose 0.91% or 0.65 to hit $72.12 a barrel.
• The December US coffee C contract rose 2.05% or 5.05 to trade at $251.00.

Currency Exchange Rates

• USD/BRL was down 0.83% to 5.74.
• EUR/BRL fell 0.38% to 6.28.

The US Dollar Index Futures was down 0.43% at 103.35.