Unlock Premium Data: Up to 50% Off InvestingProCLAIM SALE

Brazil stocks lower at close of trade; Bovespa down 2.29%

Published 01/28/2019, 03:35 PM
Brazil stocks lower at close of trade; Bovespa down 2.29%
BVSP
-
ITEL
-
IMAT
-
UTIL
-
ABEV3
-
BRAP4
-
CSNA3
-
EGIE3
-
VALE3
-
RADL3
-
VXEWZ
-

Investing.com – Brazil stocks were lower after the close on Monday, as losses in the Basic Materials, Telecoms and Public Utilities sectors led shares lower.

At the close in Sao Paulo, the Bovespa declined 2.29%.

The best performers of the session on the Bovespa were Ambev SA (SA:ABEV3), which rose 4.60% or 0.79 points to trade at 17.95 at the close. Meanwhile, Raia Drogasil SA (SA:RADL3) added 4.53% or 2.82 points to end at 65.11 and Engie Brasil Energia SA (SA:EGIE3) was up 3.81% or 1.60 points to 43.60 in late trade.

The worst performers of the session were Vale SA (SA:VALE3), which fell 24.52% or 13.77 points to trade at 42.38 at the close. Bradespar SA (SA:BRAP4) declined 24.49% or 8.57 points to end at 26.43 and Cia Siderurgica Nacional SA (SA:CSNA3) was down 5.69% or 0.59 points to 9.78.

Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 259 to 207 and 21 ended unchanged.

Shares in Bradespar SA (SA:BRAP4) fell to 52-week lows; falling 24.49% or 8.57 to 26.43. Shares in Engie Brasil Energia SA (SA:EGIE3) rose to all time highs; gaining 3.81% or 1.60 to 43.60.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 4.36% to 33.78.

Gold Futures for February delivery was up 0.30% or 3.85 to $1301.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 2.83% or 1.52 to hit $52.17 a barrel, while the March US coffee C contract fell 4.12% or 4.40 to trade at $102.40 .

USD/BRL was down 0.20% to 3.7619, while EUR/BRL fell 0.03% to 4.2984.

The US Dollar Index Futures was down 0.03% at 95.433.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.