Brazil Stock Market Update

Investing.com – Brazil stocks were lower after the close on Thursday, with losses in the Real Estate, Consumption, and Public Utilities sectors leading shares down.

At the close in São Paulo, the Bovespa fell 0.96%.

Best Performers

The best performers of the session on the Bovespa included:
– Gerdau SA Pref (BVMF:GGBR4): rose 2.27% or 0.41 points to trade at 18.47 at the close.
– Metalurgica Gerdau SA (BVMF:GOAU4): added 1.84% or 0.19 points to end at 10.52.
– CSN Mineracao SA (BVMF:CMIN3): was up 1.62% or 0.09 points to 5.65 in late trade.

Worst Performers

The worst performers of the session included:
– Azul SA Pref (BVMF:AZUL4): fell 24.14% or 1.75 points to trade at 5.50 at the close.
– Ez Tec SA (BVMF:EZTC3): declined 4.85% or 0.72 points to end at 14.12.
– Companhia Brasileira De Distribuica (BVMF:PCAR3): was down 4.56% or 0.15 points to 3.14.

Rising stocks outnumbered declining ones on the B3 Stock Exchange by 535 to 405, with 54 ending unchanged.

Azul SA Pref (BVMF:AZUL4) shares fell to all-time lows, down 24.14% or 1.75 to 5.50.

Market Indicators

• The CBOE Brazil ETF Volatility, which measures the implied volatility of Bovespa options, was up 2.15% to 26.10.

Commodities

• Gold Futures for December delivery was up 0.65% or 16.60 to $2,554.40 a troy ounce.
• Crude oil for delivery in October rose 1.88% or 1.40 to hit $75.92 a barrel.
• The December US coffee C contract fell 3.00% or 7.70 to trade at $248.75.

Currency Exchange Rates

• USD/BRL was up 1.13% to 5.63.
• EUR/BRL rose 0.84% to 6.23.

The US Dollar Index Futures was up 0.31% at 101.31.