Brazil shares lower at close of trade; Bovespa down 0.69%

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

At the close in Sao Paulo, the Bovespa fell 0.69%.

The biggest gainers of the session on the Bovespa were Smiles Fidelidade SA (SA: SMLS3 ), which rose 3.29% or 1.25 points to trade at 39.25 at the close. Banco do Brasil SA (SA: BBAS3 ) added 2.34% or 1.01 points to end at 44.10 and Localiza Rent a Car SA (SA: RENT3 ) was up 2.27% or 0.63 points to 28.37 in late trade.

Biggest losers included Cielo SA (SA: CIEL3 ), which lost 5.03% or 0.49 points to trade at 9.26 in late trade. Usinas Siderurgicas de Minas Gerais (SA: USIM5 ) declined 4.60% or 0.45 points to end at 9.34 and Raia Drogasil SA (SA: RADL3 ) shed 4.15% or 2.75 points to 63.50.

Declining stocks outnumbered rising ones by 237 to 178 and 40 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 0.41% to 36.68.

In commodities trading, Gold Futures for December delivery was up 0.32% or 3.90 to $1224.70 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.54% or 0.87 to hit $57.33 a barrel, while the March US coffee C contract rose 3.33% or 3.75 to trade at $116.35 .

USD/BRL was up 0.35% to 3.7571, while EUR/BRL rose 0.68% to 4.3042.

The US Dollar Index Futures was down 0.28% at 96.06.