Brazil Stock Market Update

Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Basic Materials, Industrials, and Consumption sectors led shares lower.

At the close in São Paulo, the Bovespa fell 0.45%.

Best Performers

The best performers of the session on the Bovespa were:
– Azul SA Pref (BVMF:AZUL4), which rose 10.20% or 0.45 points to trade at 4.86 at the close.
– IRB Brasil Resseguros SA (BVMF:IRBR3), added 5.35% or 2.64 points to end at 51.96.
– Atacadao SA (BVMF:CRFB3) was up 3.59% or 0.32 points to 9.23 in late trade.

Worst Performers

The worst performers of the session were:
– 3R Petroleum Oleo E Gas SA (BVMF:RRRP3), which fell 5.28% or 1.42 points to trade at 25.47 at the close.
– Prio SA (BVMF:PRIO3) declined 5.16% or 2.41 points to end at 44.30.
– Companhia Brasileira De Distribuica (BVMF:PCAR3) was down 4.21% or 0.13 points to 2.96.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 580 to 377, with 57 ending unchanged.

The CBOE Brazil ETF Volatility, which measures the implied volatility of Bovespa options, was down 1.67% to 26.45.

Commodity Prices

• Gold Futures for December delivery were down 0.17% or 4.20 to $2,523.40 a troy ounce.
• Crude oil for delivery in October fell 4.27% or 3.14 to hit $70.41 a barrel.
• The December US coffee C contract fell 0.72% or 1.75 to trade at $242.30.

Currency Exchange Rates

• USD/BRL was up 0.36% to 5.64.
• EUR/BRL rose 0.23% to 6.23.
• The US Dollar Index Futures were up 0.10% at 101.73.