Brazil's main stock index finished higher on Friday, with the Bovespa gaining 1.12% in Sao Paulo to reach a new record closing level. Sector contributions were led by increases in Financials, Real Estate and Public Utilities, helping to lift the benchmark.
Top performers
- Grupo Vamos SA (BVMF:VAMO3) led advancers on the session, rising 3.56% or 0.16 points to close at 4.65.
- Cvc Brasil ON (BVMF:CVCB3) added 3.39% or 0.08 points to end the day at 2.44.
- Companhia Brasileira De Distribuica (BVMF:PCAR3) gained 3.30% or 0.10 points to finish at 3.13.
Largest declines
- Hapvida Participacoes e Investimentos (BVMF:HAPV3) was the weakest among the names listed, falling 2.69% or 0.29 points to close at 10.50.
- Raizen SA Preferred (BVMF:RAIZ4) declined 1.61% or 0.01 points to finish at 0.61, a move that took the preferred shares to an all-time low.
- C A Modas SA (BVMF:CEAB3) slipped 1.13% or 0.15 points to close at 13.14.
Market breadth favored advancing issues: 529 stocks rose versus 413 that fell on the B3 exchange, while 47 were unchanged. The outnumbering of decliners by gainers reflected the broad participation that helped push the Bovespa to its record close.
Volatility and related indicators
The CBOE Brazil ETF Volatility index, which measures implied volatility of options on the Bovespa, moved lower by 1.77% to 34.39, indicating a modest decline in expected near-term market volatility.
Commodities and currencies
- Gold futures for April delivery rose 2.17% or 108.36 to settle at 5,105.76 per troy ounce.
- Crude oil for April delivery eased 0.18% or 0.12 to trade at 66.28 a barrel.
- The May US coffee C contract fell 0.02% or 0.05 to 285.35.
- In currency markets, USD/BRL declined 0.68% to 5.17 while EUR/BRL fell 0.61% to 6.10.
- The US Dollar Index Futures was down 0.14% at 97.71.
Overall, the Friday session closed with the Bovespa at a fresh record, lifted by sector-specific gains and positive breadth, while select stocks and commodities registered mixed results.
Summary of closing metrics: Bovespa +1.12% (all-time high); advancing issues 529; declining issues 413; unchanged 47; CBOE Brazil ETF Volatility -1.77% to 34.39.