Brazil shares lower at close of trade; Bovespa down 0.65%

Investing.com – Brazil equities were lower at the close on Wednesday, as losses in the Consumption , Financials and Real Estate sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa declined 0.65% to hit a new 1-month low.

The biggest gainers of the session on the Bovespa were Marfrig Alimentos SA (SA: MRFG3 ), which rose 4.12% or 0.22 points to trade at 5.56 at the close. Log Commercial Properties e Participacoes SA (SA: LOGG3 ) added 1.71% or 0.30 points to end at 17.80 and Petroleo Brasileiro SA (SA: PETR3 ) was up 1.65% or 0.40 points to 24.58 in late trade.

Biggest losers included Via Varejo SA (SA: VVAR3 ), which lost 5.70% or 0.26 points to trade at 4.30 in late trade. Kroton Educacional SA (SA: KROT3 ) declined 5.18% or 0.47 points to end at 8.60 and Companhia Brasileira deDistribuicao (SA: PCAR4 ) shed 5.01% or 4.10 points to 77.76.

Declining stocks outnumbered rising ones by 261 to 189 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 1.89% to 37.31.

In commodities trading, Gold Futures for February delivery was down 0.23% or 2.90 to $1268.90 a troy ounce. Meanwhile, Crude oil for delivery in February rose 9.62% or 4.09 to hit $46.62 a barrel, while the March US coffee C contract rose 4.16% or 4.15 to trade at $103.85 .

USD/BRL was up 0.46% to 3.9221, while EUR/BRL fell 0.04% to 4.4495.

The US Dollar Index Futures was up 0.60% at 96.583.