Brazilian Stocks Climb 0.1% in Morning Trading

Dow Jones08-10

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Brazil rose during early trading Monday, as the Bovespa Index rose 0.1% to 172637.84.

Among local companies with a market cap of at least 50 billion Brazilian reais ($9.82 billion), Embraer is the biggest leader this morning, jumping 6.5%, and Banco Santander Brasil jumped 1.0%. Petroleo Brasileiro Ord rounds out the top three movers, as shares climbed 1.0%.

CPFL Energia Ord is the biggest early laggard, slipping 0.8%, followed by shares of AXIA Energia Ord, which slipped 0.7%. Shares of Cia Saneamento Sao Paulo slipped 0.6%.

On the currency front, the WSJ Dollar Index increased 0.2% to 96.07. The dollar weakened 0.1% against the real to 5.09 reais.

In the bond markets, the 10-year Brazilian government bond yield increased 0.8 basis point to 6.542%.

Data source: Dow Jones Market Data, FactSet

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