Brazil shares lower at close of trade; Bovespa down 0.47%

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

At the close in Sao Paulo, the Bovespa lost 0.47% to hit a new 1-month low.

The biggest gainers of the session on the Bovespa were CEMIG - Companhia Energetica Minas Gerais Pref (SA: CMIG4 ), which rose 3.92% or 0.51 points to trade at 13.53 at the close. MRV Engenharia e Participacoes SA (SA: MRVE3 ) added 3.25% or 0.40 points to end at 12.70 and Gol Linhas Aereas Inteligentes SA Pref (SA: GOLL4 ) was up 3.21% or 0.79 points to 25.38 in late trade.

Biggest losers included Cielo SA (SA: CIEL3 ), which lost 5.14% or 0.49 points to trade at 9.05 in late trade. Usinas Siderurgicas de Minas Gerais (SA: USIM5 ) declined 4.64% or 0.45 points to end at 9.25 and Gerdau SA Pref (SA: GGBR4 ) shed 3.96% or 0.60 points to 14.55.

Declining stocks outnumbered rising ones by 284 to 166 and 34 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 1.28% to 35.34.

In commodities trading, Gold Futures for February delivery was up 0.76% or 9.50 to $1265.90 a troy ounce. Meanwhile, Crude oil for delivery in February fell 4.24% or 2.04 to hit $46.13 a barrel, while the March US coffee C contract rose 1.49% or 1.50 to trade at $102.35 .

USD/BRL was down 1.42% to 3.8423, while EUR/BRL fell 0.64% to 4.4063.

The US Dollar Index Futures was down 0.76% at 95.752.