Brazil shares lower at close of trade; Bovespa down 0.62%

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Brazil shares lower at close of trade; Bovespa down 0.62%
Credit: © Reuters. – Brazil equities were lower at the close on Wednesday, as losses in the Financials , Consumption and Electric Power sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa fell 0.62%.

The biggest gainers of the session on the Bovespa were Estacio Participacoes SA (SA: ESTC3 ), which rose 3.87% or 0.98 points to trade at 26.28 at the close. Gerdau SA Pref (SA: GGBR4 ) added 3.23% or 0.37 points to end at 11.82 and Smiles ON (SA: SMLE3 ) was up 2.34% or 1.56 points to 68.30 in late trade.

Biggest losers included Qualicorp SA (SA: QUAL3 ), which lost 4.41% or 1.60 points to trade at 34.70 in late trade. Petroleo Brasileiro SA (SA: PETR3 ) declined 2.94% or 0.42 points to end at 13.88 and Petroleo Brasileiro SA PN (SA: PETR4 ) shed 2.89% or 0.40 points to 13.45.

Declining stocks outnumbered rising ones by 195 to 180 and 34 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 1.30% to 25.71.

In commodities trading, Gold Futures for December delivery was down 0.43% or 5.73 to $1313.17 a troy ounce. Meanwhile, Crude oil for delivery in October fell 0.99% or 0.46 to hit $45.98 a barrel, while the December US coffee C contract fell 0.22% or 0.28 to trade at $128.57 .

USD/BRL was down 0.19% to 3.1585, while EUR/BRL fell 0.92% to 3.7536.

The US Dollar Index Futures was up 0.66% at 92.88.

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