Brazil Stocks Decline

Investing.com – Brazil stocks were lower after the close on Thursday, as losses in the Consumption, Real Estate, and Industrials sectors led shares lower.

At the close in Sao Paulo, the Bovespa declined 1.33%.

Best Performers

The best performers of the session on the Bovespa were:
– Hapvida Participacoes e Investimentos (BVMF:HAPV3) rose 1.12% or 0.03 points to trade at 2.70 at the close.
– Klabin Unt (BVMF:KLBN11) fell 0.26% or 0.06 points to end at 23.31.
– Santos Brasil Participacoes SA (BVMF:STBP3) was down 0.69% or 0.09 points to 12.92 in late trade.

Worst Performers

The worst performers of the session were:
– Companhia Brasileira De Distribuica (BVMF:PCAR3), which fell 11.02% or 0.28 points to trade at 2.26 at the close.
– Pet Center Comercio e Participacoes (BVMF:PETZ3) declined 10.55% or 0.46 points to end at 3.90.
– Minerva SA/Brazil (BVMF:BEEF3) was down 9.62% or 0.60 points to 5.64.

Market Summary

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 688 to 284, and 22 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 6.55% to 33.52.

Commodities Update

• Gold Futures for February delivery was down 1.82% or 50.09 to $2,706.61 a troy ounce.
• Crude oil for delivery in January fell 0.34% or 0.24 to hit $70.05 a barrel.
• US coffee C contract for March fell 0.61% or 1.96 to trade at $318.24.

Currency Exchange Rates

• USD/BRL was up 0.63% to 5.99.
• EUR/BRL rose 0.37% to 6.27.

The US Dollar Index Futures was up 0.27% at 106.68.