Brazil stocks higher at close of trade; Bovespa up 0.03%

Investing.com – Brazil stocks were higher after the close on Wednesday, as gains in the Consumption, Real Estate and Financials sectors led shares higher.

At the close in Sao Paulo, the Bovespa gained 0.03%.

The best performers of the session on the Bovespa were Companhia Brasileira De Distribuica (BVMF:PCAR3), which rose 15.84% or 0.48 points to trade at 3.51 at the close. Meanwhile, Magazine Luiza SA (BVMF:MGLU3) added 7.08% or 0.74 points to end at 11.19 and Grupo Vamos SA (BVMF:VAMO3) was up 7.00% or 0.31 points to 4.74 in late trade.

The worst performers of the session were Companhia Siderurgica Nacional (BVMF:CSNA3), which fell 5.17% or 0.49 points to trade at 8.99 at the close. Cogna Educacao SA (BVMF:COGN3) declined 3.24% or 0.07 points to end at 2.09 and Brava Energia SA (BVMF:BRAV3) was down 2.78% or 0.65 points to 22.69.

Rising stocks outnumbered declining ones on the B3 Stock Exchange by 505 to 402 and 71 ended unchanged.

Shares in Companhia Brasileira De Distribuica (BVMF:PCAR3) rose to 52-week highs; gaining 15.84% or 0.48 to 3.51.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.91% to 28.63.

Gold Futures for June delivery was up 1.37% or 43.06 to $3,189.06 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.44% or 0.31 to hit $70.89 a barrel, while the May US coffee C contract fell 0.50% or 1.95 to trade at $387.10 .

USD/BRL was up 0.29% to 5.70, while EUR/BRL unchanged 0.06% to 6.17.

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The US Dollar Index Futures was down 0.48% at 103.45.

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