Investing.com – Brazil equities were lower at the close on Thursday, as losses in the Electric Power, Public Utilities and Telecoms sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa fell 0.94% to hit a new 3-month low.
The biggest gainers of the session on the Bovespa were BRF SA (SA:BRFS3), which rose 6.40% or 1.37 points to trade at 22.79 at the close. Suzano Papel e Celulose SA (SA:SUZB3) added 6.27% or 2.68 points to end at 45.39 and Braskem SA (SA:BRKM5) was up 5.57% or 2.56 points to 48.48 in late trade.
Biggest losers included Petroleo Brasileiro SA (SA:PETR3), which lost 14.55% or 3.95 points to trade at 23.20 in late trade. Petroleo Brasileiro SA PN (SA:PETR4) declined 13.24% or 3.08 points to end at 20.19 and Centrais Eletricas Brasileiras SA (SA:ELET6) shed 6.51% or 1.22 points to 17.53.
Declining stocks outnumbered rising ones by 256 to 183 and 25 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.80% to 31.01.
In commodities trading, Gold Futures for June delivery was up 1.14% or 14.70 to $1304.30 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.60% or 1.15 to hit $70.69 a barrel, while the July US coffee C contract rose 0.93% or 1.11 to trade at $120.58 .
USD/BRL was up 0.38% to 3.6420, while EUR/BRL rose 0.62% to 4.2711.
The US Dollar Index Futures was down 0.20% at 93.72.