Brazil shares lower at close of trade; Bovespa down 0.22%

Investing.com – Brazil equities were lower at the close on Tuesday, as losses in the Basic Materials , Public Utilities and Electric Power sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa fell 0.22%.

The biggest gainers of the session on the Bovespa were Braskem SA (SA: BRKM5 ), which rose 6.58% or 3.25 points to trade at 52.63 at the close. JBS SA (SA: JBSS3 ) added 5.35% or 0.50 points to end at 9.84 and Cielo SA (SA: CIEL3 ) was up 5.33% or 0.85 points to 16.81 in late trade.

Biggest losers included Suzano Papel e Celulose SA (SA: SUZB3 ), which lost 5.11% or 2.33 points to trade at 43.31 in late trade. Companhia Brasileira deDistribuicao (SA: PCAR4 ) declined 3.69% or 2.91 points to end at 75.90 and Cvc Brasil ON (SA: CVCB3 ) shed 3.23% or 1.34 points to 40.15.

Advancing stocks outnumbered falling ones by 233 to 229 and 31 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 5.26% to 31.34 a new 1-month low.

In commodities trading, Gold Futures for August delivery was down 0.29% or 3.60 to $1256.00 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.23% or 0.17 to hit $74.02 a barrel, while the September US coffee C contract fell 0.04% or 0.05 to trade at $114.53 .

USD/BRL was down 1.88% to 3.8000, while EUR/BRL fell 1.92% to 4.4632.

The US Dollar Index Futures was up 0.06% at 93.86.