Brazil shares lower at close of trade; Bovespa down 0.25%

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

At the close in Sao Paulo, the Bovespa fell 0.25%.

The biggest gainers of the session on the Bovespa were Companhia Brasileira deDistribuicao (SA: PCAR4 ), which rose 3.46% or 2.00 points to trade at 59.88 at the close. CCR SA (SA: CCRO3 ) added 3.03% or 0.49 points to end at 16.65 and Gerdau SA (SA: GGBR4 ) was up 2.36% or 0.24 points to 10.40 in late trade.

Biggest losers included ALL America Latina Logistica SA (SA: RUMO3 ), which lost 4.09% or 0.260 points to trade at 6.100 in late trade. JBS SA (SA: JBSS3 ) declined 3.60% or 0.34 points to end at 9.11 and Usinas Siderurgicas de Minas Gerais (SA: USIM5 ) shed 3.00% or 0.12 points to 3.88.

Declining stocks outnumbered rising ones by 175 to 161 and 34 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 2.15% to 38.92 a new 3-month high.

In commodities trading, Gold for December delivery was up 0.14% or 1.80 to $1305.10 a troy ounce. Meanwhile, Crude oil for delivery in December fell 1.21% or 0.54 to hit $44.12 a barrel, while the December US coffee C contract rose 3.17% or 5.25 to trade at $170.93 .

USD/BRL was down 0.31% to 3.2325, while EUR/BRL fell 0.09% to 3.5979.

The US Dollar Index was down 0.21% at 96.99.