BRASÍLIA: Brazil stocks were lower after the close on Thursday, as losses in the Basic Materials, Real Estate and Public Utilities sectors led shares lower. At the close in Sao Paulo, the Bovespa declined 0.29%. The best performers of the session on the Bovespa were Localiza Rent a Car SA (SA:RENT3), which rose 4.16% or 1.83 points to trade at 45.81 at the close. Meanwhile, Banco Bradesco SA (SA:BBDC3) added 2.99% or 0.95 points to end at 32.75 and Banco Bradesco SA Pref (SA:BBDC4) was up 2.92% or 0.95 points to 33.49 in late trade. The worst performers of the session were Vale SA Pref (SA:VALE5), which fell 4.33% or 1.16 points to trade at 25.60 at the close. Cia Siderurgica Nacional SA (SA:CSNA3) declined 4.28% or 0.34 points to end at 7.60 and CEMIG – Companhia Energetica Minas Gerais Pref (SA:CMIG4) was down 3.60% or 0.32 points to 8.58. Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 184 to 157 and 25 ended unchanged.
Shares in Localiza Rent a Car SA (SA:RENT3) rose to all time highs; up 4.16% or 1.83 to 45.81. The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.90% to 30.27. Gold Futures for June delivery was up 0.09% or 1.10 to $1265.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June fell 0.75% or 0.37 to hit $49.25 a barrel, while the July US coffee C contract fell 0.58% or 0.75 to trade at $129.57 . USD/BRL was up 0.21% to 3.1810, while EUR/BRL fell 0.05% to 3.4598. The US Dollar Index Futures was up 0.16% at 99.01.
