Investing.com – Brazil equities were lower at the close on Thursday, as losses in the Basic Materials, Public Utilities and Financials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa fell 1.86%.
The biggest gainers of the session on the Bovespa were Ultrapar Participacoes SA (SA:UGPA3), which rose 2.92% or 2.10 points to trade at 74.10 at the close. Ambev SA (SA:ABEV3) added 2.53% or 0.47 points to end at 19.03 and Cielo SA (SA:CIEL3) was up 0.96% or 0.22 points to 23.17 in late trade.
Biggest losers included Cia Siderurgica Nacional SA (SA:CSNA3), which lost 6.84% or 0.52 points to trade at 7.08 in late trade. Metalurgica Gerdau SA (SA:GOAU4) declined 6.43% or 0.29 points to end at 4.22 and Centrais Eletricas Brasileiras SA (SA:ELET3) shed 5.66% or 1.00 points to 16.67.
Declining stocks outnumbered rising ones by 257 to 97 and 29 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 5.86% to 31.98.
In commodities trading, Gold Futures for June delivery was down 1.49% or 18.61 to $1229.89 a troy ounce. Meanwhile, Crude oil for delivery in June fell 4.87% or 2.33 to hit $45.49 a barrel, while the July US coffee C contract fell 1.51% or 2.07 to trade at $135.05 .
USD/BRL was up 0.55% to 3.1822, while EUR/BRL rose 1.46% to 3.4954.
The US Dollar Index Futures was down 0.66% at 98.60.