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Brazil stocks lower at close of trade; Bovespa down 0.01%

Brazil stocks lower at close of trade; Bovespa down 0.01%

Brazil's stock market ended lower on Thursday, with the Bovespa index falling by 0.01%. The decline was attributed to losses in the Basic Materials, Telecoms and Consumption sectors. The Bovespa's best performers were Hapvida Participacoes e Investimentos, which rose by 6.70% to 7.31, while Companhia Siderurgica Nacional and CSN Mineracao SA added 6.69% and 4.06% respectively.

The worst performers were Prio SA, which dropped 4.52%, and Vale SA and Cury Constrtutora e Incorporadora S, both declining by 2.55%. Rising shares outnumbered declining ones, with 545 stocks gaining and 405 falling. CSN Mineracao SA reached 52-week highs, while the CBOE Brazil Etf Volatility hit a 3-month high of 38.94. Gold Futures and Crude oil also showed gains, while the December US coffee C contract declined. USD/BRL and EUR/BRL saw slight increases, and the US Dollar Index Futures dropped.

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