Brazil shares lower at close of trade; Bovespa down 1.31%

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Brazil shares lower at close of trade; Bovespa down 1.31%
Credit: © Reuters. – Brazil equities were lower at the close on Monday, as losses in the Financials , Real Estate and Public Utilities sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa fell 1.31% to hit a new 6-month low.

The biggest gainers of the session on the Bovespa were Raia Drogasil SA (SA: RADL3 ), which rose 2.50% or 1.73 points to trade at 70.90 at the close. JBS SA (SA: JBSS3 ) added 2.41% or 0.21 points to end at 8.93 and Cvc Brasil ON (SA: CVCB3 ) was up 1.97% or 0.83 points to 42.98 in late trade.

Biggest losers included Viavarejo Unt (SA: VVAR11 ), which lost 4.21% or 0.84 points to trade at 19.12 in late trade. RUMO Logistica Operadora Multimodal SA (SA: RAIL3 ) declined 3.61% or 0.47 points to end at 12.56 and BR Malls Participacoes SA (SA: BRML3 ) shed 3.61% or 0.34 points to 9.09.

Declining stocks outnumbered rising ones by 310 to 153 and 28 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 0.12% to 33.86.

In commodities trading, Gold Futures for August delivery was up 0.20% or 2.50 to $1281.00 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.23% or 0.80 to hit $65.65 a barrel, while the September US coffee C contract fell 0.79% or 0.93 to trade at $116.62 .

USD/BRL was up 0.41% to 3.7444, while EUR/BRL rose 0.47% to 4.3507.

The US Dollar Index Futures was down 0.01% at 94.44.

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