Brazil shares lower at close of trade; Bovespa down 0.38%

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

At the close in Sao Paulo, the Bovespa lost 0.38%.

The biggest gainers of the session on the Bovespa were BRF SA (SA: BRFS3 ), which rose 4.96% or 1.20 points to trade at 25.37 at the close. Viavarejo Unt (SA: VVAR11 ) added 4.33% or 1.35 points to end at 32.55 and Marfrig Alimentos SA (SA: MRFG3 ) was up 2.38% or 0.19 points to 8.16 in late trade.

Biggest losers included Hypermarcas SA (SA: HYPE3 ), which lost 6.41% or 2.30 points to trade at 33.60 in late trade. Centrais Eletricas Brasileiras SA (SA: ELET6 ) declined 4.24% or 0.95 points to end at 21.45 and Centrais Eletricas Brasileiras SA (SA: ELET3 ) shed 4.14% or 0.78 points to 18.07.

Declining stocks outnumbered rising ones by 195 to 195 and 38 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 0.95% to 26.69.

In commodities trading, Gold Futures for June delivery was down 0.77% or 10.40 to $1338.40 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.01% or 0.01 to hit $68.28 a barrel, while the July US coffee C contract rose 0.83% or 0.97 to trade at $117.55 .

USD/BRL was up 0.71% to 3.4088, while EUR/BRL rose 0.24% to 4.1882.

The US Dollar Index Futures was up 0.47% at 90.06.