Brazil shares lower at close of trade; Bovespa down 1.08%

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

At the close in Sao Paulo, the Bovespa fell 1.08%.

The biggest gainers of the session on the Bovespa were JBS SA (SA: JBSS3 ), which rose 2.63% or 0.27 points to trade at 10.55 at the close. Ultrapar Participacoes SA (SA: UGPA3 ) added 2.55% or 1.09 points to end at 43.79 and RUMO Logistica Operadora Multimodal SA (SA: RAIL3 ) was up 1.40% or 0.23 points to 16.67 in late trade.

Biggest losers included Cielo SA (SA: CIEL3 ), which lost 5.28% or 0.68 points to trade at 12.21 in late trade. Magazine Luiza SA (SA: MGLU3 ) declined 4.79% or 7.60 points to end at 150.90 and B2W Cia Digital (SA: BTOW3 ) shed 4.32% or 1.42 points to 31.48.

Declining stocks outnumbered rising ones by 238 to 187 and 31 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 3.13% to 38.72.

In commodities trading, Gold Futures for December delivery was up 0.29% or 3.50 to $1227.30 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.95% or 0.59 to hit $61.62 a barrel, while the December US coffee C contract rose 2.12% or 2.40 to trade at $115.65 .

USD/BRL was down 0.78% to 3.7321, while EUR/BRL fell 0.69% to 4.2685.

The US Dollar Index Futures was down 0.18% at 95.94.