Brazil Stock Market Update

Investing.com – Brazil stocks were lower after the close on Tuesday, with losses in the Basic Materials, Electric Power, and Real Estate sectors.

At the close in Sao Paulo, the Bovespa declined 0.14%, reaching a new three-month low.

Best Performers

• Localiza Rent a Car SA (BVMF:RENT3): +6.79% (2.89 points) to 45.46
• Hapvida Participacoes e Investimentos (BVMF:HAPV3): +4.42% (0.14 points) to 3.31
• Companhia de Saneamento Basico do Estado de Sao Paulo SABESP (BVMF:SBSP3): +3.79% (3.49 points) to 95.55

Worst Performers

• Cogna Educacao SA (BVMF:COGN3): -5.41% (0.08 points) to 1.40
• Metalurgica Gerdau SA (BVMF:GOAU4): -5.05% (0.58 points) to 10.90
• Sao Martinho SA (BVMF:SMTO3): -4.23% (1.07 points) to 24.24

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 659 to 304, with 57 unchanged. Shares in Sao Martinho SA fell to 52-week lows.

The CBOE Brazil ETF Volatility decreased by 7.18%, settling at 31.67.

Commodity Trading

• Gold Futures (December delivery): -0.49% (12.90 points) to $2,604.80 per troy ounce
• Crude Oil (December delivery): -0.10% (0.07 points) to $67.97 per barrel
• US Coffee C Contract (March): +2.81% (7.18 points) to $263.03

Currency Exchange

• USD/BRL: unchanged at 5.75
• EUR/BRL: unchanged at 6.11
• US Dollar Index Futures: +0.39% at 105.87.