Investing.com – Brazil equities were lower at the close on Monday, as losses in the Basic Materials, Industrials and Real Estate sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 2.62%.
The biggest gainers of the session on the Bovespa were Suzano Papel e Celulose SA (SA:SUZB5), which rose 0.58% or 0.08 points to trade at 13.92 at the close. Fibria Celulose SA (SA:FIBR3) added 0.32% or 0.10 points to end at 31.60 and JBS SA (SA:JBSS3) was up 0.08% or 0.01 points to 11.95 in late trade.
Biggest losers included Petroleo Brasileiro SA (SA:PETR3), which lost 5.50% or 0.94 points to trade at 16.14 in late trade. Metalurgica Gerdau SA (SA:GOAU4) declined 5.22% or 0.30 points to end at 5.45 and Cia Siderurgica Nacional SA (SA:CSNA3) shed 5.21% or 0.63 points to 11.47.
Declining stocks outnumbered rising ones by 300 to 99 and 23 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 9.59% to 31.55.
In commodities trading, Gold Futures for April delivery was up 0.56% or 6.65 to $1197.75 a troy ounce. Meanwhile, Crude oil for delivery in March fell 0.96% or 0.51 to hit $52.66 a barrel, while the March US coffee C contract fell 0.91% or 1.39 to trade at $150.88 .
USD/BRL was down 0.46% to 3.1264, while EUR/BRL fell 0.43% to 3.3451.
The US Dollar Index Futures was down 0.17% at 100.39.