Brazil shares lower at close of trade; Bovespa down 1.51%

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Brazil shares lower at close of trade; Bovespa down 1.51%
Credit: © Reuters. – Brazil equities were lower at the close on Tuesday, as losses in the Public Utilities , Real Estate and Consumption sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa declined 1.51% to hit a new 1-month low.

The biggest gainers of the session on the Bovespa were Suzano Papel e Celulose SA (SA: SUZB3 ), which rose 4.38% or 1.98 points to trade at 47.18 at the close. JBS SA (SA: JBSS3 ) added 2.05% or 0.18 points to end at 8.95 and Tim Participacoes SA (SA: TIMP3 ) was up 0.67% or 0.08 points to 11.99 in late trade.

Biggest losers included Gol Linhas Aereas Inteligentes SA Pref (SA: GOLL4 ), which lost 9.39% or 1.16 points to trade at 11.20 in late trade. B2W Cia Digital (SA: BTOW3 ) declined 7.01% or 1.98 points to end at 26.28 and Viavarejo Unt (SA: VVAR11 ) shed 6.62% or 1.30 points to 18.35.

Declining stocks outnumbered rising ones by 266 to 171 and 32 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 7.78% to 40.85 a new 6-month high.

In commodities trading, Gold Futures for December delivery was up 0.57% or 6.80 to $1201.40 a troy ounce. Meanwhile, Crude oil for delivery in October rose 0.60% or 0.39 to hit $65.81 a barrel, while the December US coffee C contract rose 1.04% or 1.05 to trade at $101.88 .

USD/BRL was up 1.65% to 4.0356, while EUR/BRL rose 2.45% to 4.6705.

The US Dollar Index Futures was down 0.55% at 95.15.

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