Brazil Stock Market Update

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%.

Top Performers

• Automob Participações SA (BVMF:AMOB3): +34.29% (0.12 points) to trade at 0.47 at the close.
• Localiza Rent a Car SA (BVMF:RENT3): +8.75% (2.62 points) to end at 32.55.
• Atacadao SA (BVMF:CRFB3): +8.20% (0.46 points) to 6.07 in late trade.

Worst Performers

• Companhia Siderurgica Nacional (BVMF:CSNA3): -2.53% (0.24 points) to trade at 9.25 at the close.
• Vale SA (BVMF:VALE3): -1.90% (1.04 points) to end at 53.77.
• CSN Mineracao SA (BVMF:CMIN3): -1.87% (0.10 points) to 5.25.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 604 to 381, with 39 ending unchanged.

Shares in Companhia Siderurgica Nacional (BVMF:CSNA3) fell to 52-week lows; down 2.53% or 0.24 to 9.25. Vale SA (BVMF:VALE3) also hit 52-week lows, down 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, marking a new 1-month high.

Commodity Updates

• Gold Futures for February delivery fell 1.62% or 42.91 to $2,610.39 a troy ounce.
• Crude oil for January delivery dropped 1.93% or 1.36 to $69.22 a barrel.
• The March US coffee C contract decreased 2.68% or 8.93 to trade at $323.72.

Currency Updates

• USD/BRL: down 2.17% to 6.15.
• EUR/BRL: down 2.04% to 6.38.
• The US Dollar Index Futures was up 0.36% at 108.14.