Brazil Stocks Higher at Close of Trade; Bovespa Up 1.32%

• Brazil's Bovespa index rose 1.32% on Thursday, driven by strong gains in the real estate, financials, and consumer sectors.
• Magazine Luiza led with a 9.19% surge, followed by Ultrapar (+8.08%) and Grupo Vamos (+7.92%).
• Advancers outnumbered decliners (616 to 328), signaling strong market sentiment, while volatility edged up slightly, with the CBOE Brazil ETF Volatility Index rising 0.32% to 24.77.

Investing - Brazil stocks were higher after the close on Thursday, as gains in the Real Estate, Financials and Consumption sectors led shares higher.
At the close in Sao Paulo, the Bovespa added 1.32% to hit a new 1-month high.
The best performers of the session on the Bovespa were Magazine Luiza SA, which rose 9.19% or 0.66 points to trade at 7.84 at the close. Meanwhile, Ultrapar Participacoes SA added 8.08% or 1.49 points to end at 19.94 and Grupo Vamos SA was up 7.92% or 0.32 points to 4.36 in late trade.
The worst performers of the session were Companhia Brasileira De Distribuica, which fell 1.39% or 0.05 points to trade at 3.55 at the close. Telefonica Brasil SA declined 0.44% or 0.15 points to end at 33.94 and Suzano Papel e Celulose SA was down 0.28% or 0.15 points to 52.83.
Rising stocks outnumbered declining ones on the B3 Stock Exchange by 616 to 328 and 60 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.32% to 24.77.
Gold Futures for December delivery was up 0.83% or 28.62 to $3,477.22 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.27% or 0.17 to hit $64.32 a barrel, while the December US coffee C contract fell 2.49% or 9.60 to trade at $375.70.
USD/BRL was down 0.19% to 5.41, while EUR/BRL rose 0.19% to 6.32.
The US Dollar Index Futures was down 0.32% at 97.81. (AI)

Sumber : Investing