Brazil Stock Market Overview

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

At the close in Sao Paulo, the Bovespa fell 0.84%, hitting a new 3-month low.

Best Performers

The best performers of the session on the Bovespa were:
– Companhia Brasileira De Distribuica (BVMF:PCAR3): rose 15.61% or 0.37 points, closing at 2.74.
– Minerva SA/Brazil (BVMF:BEEF3): added 5.58% or 0.32 points, ending at 6.05.
– Brava Energia SA (BVMF:BRAV3): up 5.21% or 1.05 points, trading at 21.19 in late trade.

Worst Performers

The worst performers of the session included:
– Grupo Vamos SA (BVMF:VAMO3): fell 8.45% or 0.46 points, closing at 4.95.
– Sendas Distribuidora SA (BVMF:ASAI3): declined 6.09% or 0.35 points, ending at 5.40.
– Magazine Luiza SA (BVMF:MGLU3): down 5.37% or 0.44 points, closing at 7.76.

Market Statistics

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 557 to 389, with 60 remaining unchanged.

Shares in Grupo Vamos SA (BVMF:VAMO3) and Sendas Distribuidora SA (BVMF:ASAI3) fell to all-time lows.

Volatility and Commodities

The CBOE Brazil ETF Volatility, which measures the implied volatility of Bovespa options, was up 1.43% to 33.96.

• Gold Futures for February delivery: down 0.23% or 6.23, at $2,669.57 a troy ounce.
• Crude Oil for January: fell 1.60% or 1.14, to $70.15 a barrel.
• US Coffee C contract for March: rose 1.73% or 5.52, at $325.02.

Currency Exchange

• USD/BRL: up 1.74% to 6.15.

• EUR/BRL: rose 2.75% to 6.46.

• US Dollar Index Futures: down 0.11% at 106.57.