Brazil shares lower at close of trade; Bovespa down 0.40%

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

At the close in Sao Paulo, the Bovespa lost 0.40%.

The biggest gainers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA: ELET3 ), which rose 4.93% or 0.87 points to trade at 18.50 at the close. Centrais Eletricas Brasileiras SA (SA: ELET6 ) added 4.85% or 1.03 points to end at 22.27 and Cia Paranaense de Energia (SA: CPLE6 ) was up 2.95% or 0.69 points to 24.05 in late trade.

Biggest losers included Suzano Papel e Celulose SA (SA: SUZB3 ), which lost 4.96% or 2.19 points to trade at 41.95 in late trade. JBS SA (SA: JBSS3 ) declined 4.74% or 0.44 points to end at 8.84 and Companhia Brasileira deDistribuicao (SA: PCAR4 ) shed 2.75% or 2.38 points to 84.30.

Declining stocks outnumbered rising ones by 246 to 213 and 41 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 4.39% to 52.28.

In commodities trading, Gold Futures for December delivery was up 0.02% or 0.30 to $1203.20 a troy ounce. Meanwhile, Crude oil for delivery in November fell 2.46% or 1.88 to hit $74.53 a barrel, while the December US coffee C contract rose 0.28% or 0.30 to trade at $106.80 .

USD/BRL was down 0.58% to 3.8823, while EUR/BRL fell 0.25% to 4.4707.

The US Dollar Index Futures was down 0.25% at 95.43.