Brazil stocks higher at close of trade; Bovespa up 0.92%
Jan 17, 2025

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

At the close in Sao Paulo, the Bovespa rose 0.92%.

The best performers of the session on the Bovespa were CSN Mineracao SA (BVMF: CMIN3 ), which rose 5.13% or 0.25 points to trade at 5.12 at the close. Meanwhile, IRB Brasil Resseguros SA (BVMF: IRBR3 ) added 4.21% or 2.11 points to end at 52.21 and Companhia Siderurgica Nacional (BVMF: CSNA3 ) was up 4.10% or 0.32 points to 8.13 in late trade.

The worst performers of the session were YDUQS Participacoes SA (BVMF: YDUQ3 ), which fell 5.71% or 0.52 points to trade at 8.58 at the close. Hapvida Participacoes e Investimentos (BVMF: HAPV3 ) declined 5.49% or 0.13 points to end at 2.24 and Cosan SA Industria e Comercio (BVMF: CSAN3 ) was down 4.98% or 0.43 points to 8.20.

Rising stocks outnumbered declining ones on the B3 Stock Exchange by 540 to 399 and 55 ended unchanged.

Shares in IRB Brasil Resseguros SA (BVMF: IRBR3 ) rose to 52-week highs; up 4.21% or 2.11 to 52.21.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 2.29% to 28.64.

Gold Futures for February delivery was down 0.43% or 11.81 to $2,739.09 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.50% or 0.39 to hit $77.46 a barrel, while the March US coffee C contract rose 0.08% or 0.27 to trade at $327.42 .

USD/BRL was up 0.46% to 6.08, while EUR/BRL unchanged 0.01% to 6.23.

The US Dollar Index Futures was up 0.39% at 109.24.