By Brazil Stock Guide – Brazil’s benchmark stock index Ibovespa (IBOV) closed 0.12% lower at 134,510.85 points on Thursday, with muted activity and a turnover of just R$15.5 billion, according to Estadão Conteúdo. The day’s range was narrow, with the index oscillating less than 1,000 points between an intraday low of 133,874 and a high of 134,836.
On a weekly basis, the Ibovespa has fallen 1.34%, limiting its August gain to 1.08%. Year-to-date, however, the index still shows an advance of 11.83%.
Blue-chip stocks ended the session mixed. Banking shares broadly retreated after a brief rebound earlier this week, with Banco do Brasil (BBAS3) down 0.86% and BTG Pactual (BPAC11) falling 0.95%, while Itaú Unibanco (ITUB4) managed a modest 0.11% gain.
Commodities also lacked a clear direction: Vale (VALE3) rose 0.85%, while Petrobras ON (PETR3) slipped 0.09% and Petrobras PN (PETR4) added 0.23%.
Among the session’s top performers, Braskem (BRKM5) jumped 3.79%, followed by RD Saúde (RADL3) up 2.01% and Motiva (ticker not disclosed) gaining 1.92%. On the downside, Yduqs (YDUQ3) tumbled 6.03%, Porto Seguro (PSSA3) shed 3.48%, Cemig (CMIG4) dropped 3.19%, and Auren (AURE3) lost 2.60%.
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