Brazil Stock Market Overview

Investing.com – Brazil stocks were higher after the close on Tuesday, as gains in the Financials, Real Estate, and Electric Power sectors led shares higher.

At the close in Sao Paulo, the Bovespa gained 0.85%.

Best Performers

The best performers of the session on the Bovespa were:
– Grupo Vamos SA (BVMF:VAMO3): rose 12.08% or 0.64 points to trade at 5.94 at the close.
– Atacadao SA (BVMF:CRFB3): added 7.67% or 0.46 points to end at 6.46.
– Pet Center Comercio e Participacoes (BVMF:PETZ3): up 7.61% or 0.29 points to 4.10 in late trade.

Worst Performers

The worst performers of the session were:
– JBS SA (BVMF:JBSS3): fell 3.91% or 1.56 points to trade at 38.37 at the close.
– BRF SA (BVMF:BRFS3): declined 3.28% or 0.94 points to end at 27.75.
– Suzano Papel e Celulose SA (BVMF:SUZB3): down 3.06% or 2.04 points to 64.61.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 564 to 406, with 43 ending unchanged.

The CBOE Brazil ETF Volatility, which measures the implied volatility of Bovespa options, was down 5.23% to 29.70.

Commodity Prices

• Gold Futures for February delivery was up 1.26% or 33.89 to $2,719.69 a troy ounce.
• Crude oil for delivery in January rose 0.01% or 0.01 to hit $68.38 a barrel.
• The March US coffee C contract rose 1.19% or 3.93 to trade at $334.03.

The USD/BRL was down 0.56% to 6.04, while EUR/BRL fell 0.76% to 6.37.

The US Dollar Index Futures was up 0.24% at 106.08.