Investing.com – Brazil stocks were lower after the close on Friday, as losses in the Basic Materials, Public Utilities and Electric Power sectors led shares lower.
At the close in Sao Paulo, the Bovespa declined 1.37%.
The best performers of the session on the Bovespa were Cielo SA (SA:CIEL3), which rose 0.93% or 0.42 points to trade at 45.39 at the close. Meanwhile, Embraer SA (SA:EMBR3) added 0.83% or 0.20 points to end at 24.24 and EDP - Energias do Brasil SA (SA:ENBR3) was up 0.81% or 0.10 points to 12.45 in late trade.
The worst performers of the session were Metalurgica Gerdau SA (SA:GOAU4), which fell 6.38% or 0.30 points to trade at 4.40 at the close. Suzano Papel e Celulose SA (SA:SUZB5) declined 5.47% or 0.81 points to end at 14.00 and Petroleo Brasileiro SA (SA:PETR3) was down 4.90% or 0.65 points to 12.62.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 195 to 111 and 6 ended unchanged.
Shares in Cielo SA (SA:CIEL3) rose to 3-years highs; rising 0.93% or 0.42 to 45.39. Shares in Metalurgica Gerdau SA (SA:GOAU4) fell to 5-year lows; losing 6.38% or 0.30 to 4.40. Shares in EDP - Energias do Brasil SA (SA:ENBR3) rose to 52-week highs; rising 0.81% or 0.10 to 12.45.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 5.40% to 30.06.
Gold for August delivery was down 0.94% or 10.80 to $1133.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 0.24% or 0.12 to hit $50.79 a barrel, while the September US coffee C contract fell 0.31% or 0.40 to trade at $128.25 .
USD/BRL was up 1.06% to 3.1910, while EUR/BRL rose 0.76% to 3.4599.
The US Dollar Index was up 0.32% at 98.08.