Brazil shares lower at close of trade; Bovespa down 0.04%

Investing.com – Brazil equities were lower at the close on Monday, as losses in the Financials , Industrials and Real Estate sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa lost 0.04%.

The biggest gainers of the session on the Bovespa were Kroton Educacional SA (SA: KROT3 ), which rose 5.26% or 0.71 points to trade at 14.21 at the close. Lojas Americanas SA (SA: LAME4 ) added 3.15% or 0.60 points to end at 19.64 and Magazine Luiza SA (SA: MGLU3 ) was up 3.05% or 2.96 points to 99.87 in late trade.

Biggest losers included Hypermarcas SA (SA: HYPE3 ), which lost 5.60% or 1.88 points to trade at 31.72 in late trade. MRV Engenharia e Participacoes SA (SA: MRVE3 ) declined 2.28% or 0.34 points to end at 14.60 and Fleury SA (SA: FLRY3 ) shed 2.20% or 0.60 points to 26.70.

Declining stocks outnumbered rising ones by 238 to 211 and 30 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 3.33% to 27.58.

In commodities trading, Gold Futures for June delivery was down 0.93% or 12.40 to $1325.90 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.75% or 0.51 to hit $68.91 a barrel, while the July US coffee C contract rose 0.88% or 1.03 to trade at $118.58 .

USD/BRL was up 1.02% to 3.4483, while EUR/BRL rose 0.35% to 4.2095.

The US Dollar Index Futures was up 0.69% at 90.70.