Investing.com – Brazil equities were lower at the close on Wednesday, as losses in the Basic Materials, Financials and Industrials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa lost 1.51%.
The biggest gainers of the session on the Bovespa were Raia Drogasil SA (SA:RADL3), which rose 2.10% or 1.24 points to trade at 60.20 at the close. Lojas Renner SA (SA:LREN3) added 1.87% or 0.52 points to end at 28.36 and Estacio Participacoes SA (SA:ESTC3) was up 1.82% or 0.28 points to 15.68 in late trade.
Biggest losers included Banco Santander Brasil SA Unit (SA:SANB11), which lost 5.09% or 1.40 points to trade at 26.13 in late trade. Cia Siderurgica Nacional SA (SA:CSNA3) declined 4.84% or 0.45 points to end at 8.84 and Usinas Siderurgicas de Minas Gerais (SA:USIM5) shed 4.64% or 0.20 points to 4.11.
Declining stocks outnumbered rising ones by 229 to 122 and 42 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 3.13% to 30.62.
In commodities trading, Gold Futures for June delivery was down 0.06% or 0.75 to $1257.65 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.33% or 0.17 to hit $50.86 a barrel, while the May US coffee C contract fell 0.51% or 0.70 to trade at $137.07 .
USD/BRL was up 0.85% to 3.1197, while EUR/BRL rose 0.83% to 3.3283.
The US Dollar Index Futures was down 0.03% at 100.39.