Brazil stocks higher at close of trade; Bovespa up 0.51% By Investing.com

Brazil stocks higher at close of trade; Bovespa up 0.51%

Stock Markets Nov 29, 2018 03:35PM ET

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Brazil stocks higher at close of trade; Bovespa up 0.51%

Investing.com – Brazil stocks were higher after the close on Thursday, as gains in the Basic Materials, Industrials and Electric Power sectors led shares higher.

At the close in Sao Paulo, the Bovespa rose 0.51% to hit a new all time high.

The best performers of the session on the Bovespa were CCR SA (SA:CCRO3), which rose 11.17% or 1.28 points to trade at 12.74 at the close. Meanwhile, Suzano Papel e Celulose SA (SA:SUZB3) added 5.96% or 2.19 points to end at 38.93 and EcoRodovias SA (SA:ECOR3) was up 5.61% or 0.50 points to 9.41 in late trade.

The worst performers of the session were Companhia Brasileira deDistribuicao (SA:PCAR4), which fell 3.43% or 2.97 points to trade at 83.53 at the close. Cyrela Brazil Realty SA (SA:CYRE3) declined 2.47% or 0.35 points to end at 13.82 and Cielo SA (SA:CIEL3) was down 2.30% or 0.21 points to 8.91.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 244 to 155 and 35 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.23% to 36.02 a new 3-months low.

Gold Futures for February delivery was down 0.01% or 0.10 to $1229.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 2.17% or 1.09 to hit $51.38 a barrel, while the March US coffee C contract fell 1.38% or 1.57 to trade at $112.33 .

USD/BRL was up 0.05% to 3.8529, while EUR/BRL rose 0.24% to 4.3880.

The US Dollar Index Futures was up 0.02% at 96.703.

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Brazil stocks higher at close of trade; Bovespa up 0.51%

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