Brazil shares lower at close of trade; Bovespa down 1.17%
Investing.com – Brazil equities were lower at the close on Wednesday, as losses in the Real Estate , Financials and Basic Materials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 1.17%.
The biggest gainers of the session on the Bovespa were Qualicorp SA (SA: QUAL3 ), which rose 2.55% or 0.53 points to trade at 21.34 at the close. Companhia Brasileira deDistribuicao (SA: PCAR4 ) added 2.20% or 1.37 points to end at 63.60 and Tim Participacoes SA (SA: TIMP3 ) was up 0.68% or 0.07 points to 10.36 in late trade.
Biggest losers included Banco do Brasil SA (SA: BBAS3 ), which lost 3.65% or 1.18 points to trade at 31.15 in late trade. BR Malls Participacoes SA (SA: BRML3 ) declined 3.58% or 0.52 points to end at 14.00 and Petroleo Brasileiro SA PN (SA: PETR4 ) shed 3.55% or 0.50 points to 13.60.
Declining stocks outnumbered rising ones by 216 to 125 and 31 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 2.29% to 35.70 a new 3-month high.
In commodities trading, Gold Futures for June delivery was down 0.97% or 12.60 to $1281.50 a troy ounce. Meanwhile, Crude oil for delivery in May fell 3.55% or 1.86 to hit $50.55 a barrel, while the July US coffee C contract fell 3.21% or 4.66 to trade at $140.52 .
USD/BRL was up 1.34% to 3.1495, while EUR/BRL rose 1.21% to 3.3746.
The US Dollar Index Futures was up 0.27% at 99.68.
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