Brazil stocks higher at close of trade; Bovespa up 1.60%
Nov 22, 2024

– Brazil stocks were higher after the close on Friday, as gains in the Consumption , Real Estate and Industrials sectors led shares higher.

At the close in Sao Paulo, the Bovespa rose 1.60%.

The best performers of the session on the Bovespa were 3R Petroleum Oleo E Gas Sa (BVMF: BRAV3 ), which rose 7.44% or 1.34 points to trade at 19.34 at the close. Meanwhile, Raizen SA Preferred (BVMF: RAIZ4 ) added 7.00% or 0.17 points to end at 2.60 and Cosan SA Industria e Comercio (BVMF: CSAN3 ) was up 6.10% or 0.64 points to 11.13 in late trade.

The worst performers of the session were Grupo Vamos SA (BVMF: VAMO3 ), which fell 0.65% or 0.04 points to trade at 6.10 at the close. Totvs SA (BVMF: TOTS3 ) declined 0.33% or 0.10 points to end at 29.82 and Suzano Papel e Celulose SA (BVMF: SUZB3 ) was down 0.15% or 0.09 points to 60.70.

Rising stocks outnumbered declining ones on the B3 Stock Exchange by 704 to 271 and 53 ended unchanged.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 14.13% to 30.64.

Gold Futures for December delivery was up 1.36% or 36.25 to $2,711.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 1.60% or 1.12 to hit $71.22 a barrel, while the March US coffee C contract rose 2.44% or 7.22 to trade at $302.92 .

USD/BRL was down 0.23% to 5.80, while EUR/BRL fell 0.78% to 6.04.

The US Dollar Index Futures was up 0.50% at 107.46.