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Brazil shares lower at close of trade; Bovespa down 0.10%

Published 06/06/2017, 06:35 am
© Reuters.  Brazil shares lower at close of trade; Bovespa down 0.10%
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Investing.com – Brazil equities were lower at the close on Monday, as losses in the Electric Power, Public Utilities and Real Estate sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa fell 0.10%.

The biggest gainers of the session on the Bovespa were Smiles ON (SA:SMLE3), which rose 3.37% or 2.04 points to trade at 62.66 at the close. Suzano Papel e Celulose SA (SA:SUZB5) added 3.17% or 0.49 points to end at 15.95 and Banco Santander Brasil SA Unit (SA:SANB11) was up 2.80% or 0.70 points to 25.68 in late trade.

Biggest losers included Estacio Participacoes SA (SA:ESTC3), which lost 7.02% or 1.20 points to trade at 15.90 in late trade. Cosan SA Industria e Comercio (SA:CSAN3) declined 4.11% or 1.48 points to end at 34.53 and JBS SA (SA:JBSS3) shed 4.08% or 0.31 points to 7.29.

Declining stocks outnumbered rising ones by 214 to 167 and 30 ended unchanged on the Sao Paulo Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.48% to 37.51.

In commodities trading, Gold Futures for August delivery was up 0.12% or 1.52 to $1281.72 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.67% or 0.32 to hit $47.34 a barrel, while the July US coffee C contract rose 2.65% or 3.32 to trade at $128.60 .

USD/BRL was up 1.26% to 3.2891, while EUR/BRL rose 1.05% to 3.7027.

The US Dollar Index Futures was up 0.14% at 96.75.

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