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

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

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

The biggest gainers of the session on the Bovespa were Cielo SA (SA: CIEL3 ), which rose 3.88% or 0.36 points to trade at 9.63 at the close. Ultrapar Participacoes SA (SA: UGPA3 ) added 3.57% or 1.69 points to end at 48.99 and Itausa - Investimentos Itau SA (SA: ITSA4 ) was up 2.57% or 0.31 points to 12.36 in late trade.

Biggest losers included Petroleo Brasileiro SA (SA: PETR3 ), which lost 4.16% or 1.19 points to trade at 27.40 in late trade. Petroleo Brasileiro SA PN (SA: PETR4 ) declined 3.79% or 0.97 points to end at 24.59 and Cia Paranaense de Energia (SA: CPLE6 ) shed 3.30% or 1.13 points to 33.07.

Declining stocks outnumbered rising ones by 223 to 189 and 26 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 2.45% to 34.73.

In commodities trading, Gold Futures for February delivery was up 0.02% or 0.20 to $1242.80 a troy ounce. Meanwhile, Crude oil for delivery in January fell 2.29% or 1.21 to hit $51.68 a barrel, while the March US coffee C contract rose 0.42% or 0.45 to trade at $106.40 .

USD/BRL was up 0.29% to 3.8792, while EUR/BRL rose 0.57% to 4.4131.

The US Dollar Index Futures was down 0.27% at 96.748.