Brazil Stock Market Update

Investing.com – Brazil stocks were higher after the close on Tuesday, driven by gains in the Industrials, Consumption, and Real Estate sectors.

At the close in Sao Paulo, the Bovespa gained 0.52%.

Top Performers

• MRV Engenharia e Participacoes SA (BVMF:MRVE3): rose 4.56% (0.33 points) to trade at 7.57.
• Ambev SA (BVMF:ABEV3): added 3.98% (0.52 points) to end at 13.60.
• Pet Center Comercio e Participacoes (BVMF:PETZ3): up 3.39% (0.16 points) to 4.88.

Worst Performers

• Sendas Distribuidora SA (BVMF:ASAI3): fell 4.69% (0.35 points) to 7.12.
• Azul SA Pref (BVMF:AZUL4): declined 4.65% (0.29 points) to 5.95.
• Grupo Vamos SA (BVMF:VAMO3): down 2.27% (0.15 points) to 6.46.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 567 to 375, with 48 unchanged.

• Sendas Distribuidora SA fell to all-time lows at 7.12.
• Grupo Vamos SA also reached all-time lows at 6.46.

The CBOE Brazil ETF Volatility, measuring the implied volatility of Bovespa options, increased 4.95% to 28.65, marking a new one-month high.

Commodity Updates

• Gold Futures for December delivery rose 0.81% to $2,681.00 per troy ounce.
• Crude oil for delivery in November rose 3.59% to $70.62 per barrel.
• December US coffee C contract fell 2.39% to $263.78.

Currency Updates

• USD/BRL was up 0.36% to 5.47.
• EUR/BRL fell 0.30% to 6.05.
• US Dollar Index Futures was up 0.43% at 100.95.