Brazilian Stock Market Update

Investing.com – Brazil stocks were lower after the close on Wednesday, as losses in the Public Utilities, Real Estate, and Electric Power sectors led shares lower.

At the close in Sao Paulo, the Bovespa fell 0.04%.

Best Performers

• BRF SA (BVMF:BRFS3): rose 5.58% or 1.47 points to trade at 27.80 at the close.
• Lwsa SA (BVMF:LWSA3): added 4.58% or 0.16 points to end at 3.65.
• RUMO Logistica Operadora Multimodal SA (BVMF:RAIL3): up 2.77% or 0.52 points to 19.28 in late trade.

Worst Performers

• Azzas 2154 SA (BVMF:AZZA3): fell 4.49% or 1.65 points to trade at 35.09 at the close.
• MRV Engenharia e Participacoes SA (BVMF:MRVE3): declined 4.19% or 0.22 points to end at 5.03.
• Hapvida Participacoes e Investimentos (BVMF:HAPV3): down 3.32% or 0.09 points to 2.62.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 617 to 353, with 49 ending unchanged.

Notable Stocks

• Shares in BRF SA (BVMF:BRFS3) rose to a 3-year high.
• Shares in Azzas 2154 SA (BVMF:AZZA3) fell to a 3-year low.
• MRV Engenharia e Participacoes SA (BVMF:MRVE3) reached 5-year lows.
• Hapvida Participacoes e Investimentos (BVMF:HAPV3) hit 52-week lows.

Volatility & Commodities

The CBOE Brazil ETF Volatility, which measures the implied volatility of Bovespa options, increased 0.37% to 32.15.

Gold Futures for February delivery increased 0.22% or 5.90 to $2,673.80 a troy ounce. In commodities trading, Crude oil for January delivery fell 1.80% or 1.26 to $68.68 a barrel, while March US coffee C contract rose 2.08% or 6.15 to $301.65.

Currency Overview

• USD/BRL was unchanged at 6.04.
• EUR/BRL remained stable at 6.35.
• The US Dollar Index Futures was unchanged at 106.34.