Brazil shares lower at close of trade; Bovespa down 1.43%

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

At the close in Sao Paulo, the Bovespa lost 1.43%.

The biggest gainers of the session on the Bovespa were Gerdau SA Pref (SA: GGBR4 ), which rose 1.54% or 0.25 points to trade at 16.49 at the close. Bradespar SA (SA: BRAP4 ) added 0.79% or 0.28 points to end at 35.70 and Vale SA (SA: VALE3 ) was up 0.78% or 0.38 points to 49.09 in late trade.

Biggest losers included Ultrapar Participacoes SA (SA: UGPA3 ), which lost 10.16% or 6.11 points to trade at 54.01 in late trade. Viavarejo Unt (SA: VVAR11 ) declined 7.22% or 2.10 points to end at 27.00 and Cielo SA (SA: CIEL3 ) shed 6.47% or 1.24 points to 17.94.

Declining stocks outnumbered rising ones by 309 to 89 and 33 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 1.44% to 28.81.

In commodities trading, Gold Futures for June delivery was up 0.52% or 6.80 to $1312.40 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.79% or 0.54 to hit $68.47 a barrel, while the July US coffee C contract rose 0.36% or 0.45 to trade at $124.28 .

USD/BRL was down 0.85% to 3.5230, while EUR/BRL fell 0.52% to 4.2240.

The US Dollar Index Futures was down 0.32% at 92.29.