Investing.com – Brazil equities were lower at the close on Thursday, as losses in the Basic Materials, Electric Power and Financials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 0.85% to hit a new 1-month low.
The biggest gainers of the session on the Bovespa were Qualicorp SA (SA:QUAL3), which rose 5.41% or 0.86 points to trade at 16.76 at the close. Kroton Educacional SA (SA:KROT3) added 2.46% or 0.280 points to end at 11.650 and BB Seguridade Participacoes SA (SA:BBSE3) was up 2.44% or 0.66 points to 27.71 in late trade.
Biggest losers included Usinas Siderurgicas de Minas Gerais (SA:USIM5), which lost 7.39% or 0.15 points to trade at 1.88 in late trade. Cia Siderurgica Nacional SA (SA:CSNA3) declined 4.61% or 0.36 points to end at 7.45 and Metalurgica Gerdau SA (SA:GOAU4) shed 4.61% or 0.10 points to 2.07.
Declining stocks outnumbered rising ones by 174 to 107 and 25 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.95% to 43.19.
In commodities trading, Gold for June delivery was down 1.48% or 18.90 to $1255.50 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.08% or 0.04 to hit $48.15 a barrel, while the July US coffee C contract fell 4.19% or 5.45 to trade at $124.47 .
USD/BRL was down 0.18% to 3.5605, while EUR/BRL fell 0.27% to 3.9883.
The US Dollar Index was up 0.12% at 95.31.