Home Stock market Brazil stocks higher at close of trade; Bovespa up 1.41%

Brazil stocks higher at close of trade; Bovespa up 1.41%



Brazil stocks were higher after the close on Tuesday, as gains in the Basic Materials, Public Utilities and Industrials sectors led shares higher.

At the close in Sao Paulo, the Bovespa added 1.41%.

The best performers of the session on the Bovespa were Marfrig Alimentos SA (SA:MRFG3), which rose 17.73% or 1.31 points to trade at 8.70 at the close. Meanwhile, Embraer SA (SA:EMBR3) added 6.72% or 1.41 points to end at 22.40 and Bradespar SA (SA:BRAP4) was up 4.97% or 1.60 points to 33.80 in late trade.

The worst performers of the session were Hypermarcas SA (SA:HYPE3), which fell 3.26% or 1.18 points to trade at 35.02 at the close. Cielo SA (SA:CIEL3) declined 3.28% or 0.67 points to end at 19.78 and Estacio Participacoes SA (SA:ESTC3) was down 2.66% or 0.92 points to 33.73.

Rising stocks outnumbered declining ones on the BM&FBovespa Stock Exchange by 217 to 163 and 38 ended unchanged.

Shares in Marfrig Alimentos SA (SA:MRFG3) rose to 5-year highs; rising 17.73% or 1.31 to 8.70. Shares in Cielo SA (SA:CIEL3) fell to 52-week lows; losing 3.28% or 0.67 to 19.78.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 4.53% to 32.02.

Gold Futures for June delivery was up 0.25% or 3.30 to $1343.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May rose 3.55% or 2.25 to hit $65.67 a barrel, while the May US coffee C contract fell 0.82% or 0.97 to trade at $117.58 .

USD/BRL was down 0.43% to 3.4076, while EUR/BRL fell 0.16% to 4.2100.

The US Dollar Index Futures was down 0.23% at 89.32.