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Brazil stocks lower at close of trade; Bovespa down 0.05%

Published 03/16/2018, 04:30 PM
Updated 03/16/2018, 04:35 PM
Brazil stocks lower at close of trade; Bovespa down 0.05%

Brazil stocks lower at close of trade; Bovespa down 0.05%

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

At the close in Sao Paulo, the Bovespa declined 0.05%.

The best performers of the session on the Bovespa were Suzano Papel e Celulose SA (SA:SUZB3), which rose 21.79% or 5.10 points to trade at 28.50 at the close. Meanwhile, Estacio Participacoes SA (SA:ESTC3) added 8.98% or 3.00 points to end at 36.40 and Lojas Americanas SA (SA:LAME4) was up 2.96% or 0.51 points to 17.72 in late trade.

The worst performers of the session were Qualicorp SA (SA:QUAL3), which fell 11.68% or 2.91 points to trade at 22.00 at the close. Fibria Celulose SA (SA:FIBR3) declined 10.22% or 7.31 points to end at 64.25 and BR Malls Participacoes SA (SA:BRML3) was down 2.77% or 0.32 points to 11.23.

Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 206 to 201 and 27 ended unchanged.

Shares in Suzano Papel e Celulose SA (SA:SUZB3) rose to all time highs; gaining 21.79% or 5.10 to 28.50. Shares in Estacio Participacoes SA (SA:ESTC3) rose to all time highs; rising 8.98% or 3.00 to 36.40.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 11.02% to 25.52 a new 1-month low.

Gold Futures for April delivery was down 0.32% or 4.20 to $1313.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April rose 1.72% or 1.05 to hit $62.24 a barrel, while the May US coffee C contract fell 0.54% or 0.64 to trade at $118.28 .

USD/BRL was down 0.26% to 3.2774, while EUR/BRL fell 0.46% to 4.0250.

The US Dollar Index Futures was up 0.08% at 90.21.

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