Brazil shares lower at close of trade; Bovespa down 0.35%

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

At the close in Sao Paulo, the Bovespa lost 0.35%.

The biggest gainers of the session on the Bovespa were Petroleo Brasileiro SA (SA: PETR3 ), which rose 3.24% or 0.89 points to trade at 28.40 at the close. Tim Participacoes SA (SA: TIMP3 ) added 3.09% or 0.37 points to end at 12.35 and Lojas Americanas SA (SA: LAME4 ) was up 2.94% or 0.57 points to 19.98 in late trade.

Biggest losers included Centrais Eletricas Brasileiras SA (SA: ELET3 ), which lost 5.11% or 1.56 points to trade at 28.97 in late trade. Gol Linhas Aereas Inteligentes SA Pref (SA: GOLL4 ) declined 4.40% or 1.10 points to end at 23.90 and Centrais Eletricas Brasileiras SA (SA: ELET6 ) shed 4.30% or 1.46 points to 32.50.

Advancing stocks outnumbered falling ones by 235 to 216 and 32 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 0.06% to 34.59.

In commodities trading, Gold Futures for February delivery was up 0.20% or 2.60 to $1288.40 a troy ounce. Meanwhile, Crude oil for delivery in February rose 1.46% or 0.70 to hit $48.66 a barrel, while the March US coffee C contract rose 1.18% or 1.20 to trade at $102.80 .

USD/BRL was up 0.54% to 3.7356, while EUR/BRL rose 1.31% to 4.2862.

The US Dollar Index Futures was down 0.50% at 95.268.