Brazil stocks lower at close of trade; Bovespa down 0.77%
Jan 10, 2025

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

At the close in Sao Paulo, the Bovespa declined 0.77%.

The best performers of the session on the Bovespa were Companhia Siderurgica Nacional (BVMF: CSNA3 ), which rose 3.76% or 0.28 points to trade at 7.73 at the close. Meanwhile, IRB Brasil Resseguros SA (BVMF: IRBR3 ) added 3.67% or 1.63 points to end at 46.08 and CSN Mineracao SA (BVMF: CMIN3 ) was up 2.97% or 0.14 points to 4.85 in late trade.

The worst performers of the session were Tim Participacoes SA (BVMF: TIMS3 ), which fell 5.02% or 0.73 points to trade at 13.82 at the close. Localiza Rent a Car SA (BVMF: RENT3 ) declined 4.66% or 1.41 points to end at 28.87 and B3 SA Brasil Bolsa Balcao (BVMF: B3SA3 ) was down 3.92% or 0.40 points to 9.80.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 582 to 361 and 64 ended unchanged.

Shares in Tim Participacoes SA (BVMF: TIMS3 ) fell to 52-week lows; falling 5.02% or 0.73 to 13.82. Shares in Localiza Rent a Car SA (BVMF: RENT3 ) fell to 3-years lows; down 4.66% or 1.41 to 28.87.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 0.30% to 30.17.

Gold Futures for February delivery was up 0.99% or 26.51 to $2,717.31 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 3.69% or 2.73 to hit $76.65 a barrel, while the March US coffee C contract rose 2.03% or 6.45 to trade at $324.95 .

USD/BRL was up 1.12% to 6.10, while EUR/BRL rose 0.63% to 6.25.

The US Dollar Index Futures was up 0.45% at 109.49.