Investing.com – Brazil equities were lower at the close on Tuesday, as losses in the Public Utilities, Electric Power and Consumption sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa fell 1.27%.
The biggest gainers of the session on the Bovespa were Smiles ON (SA:SMLE3), which rose 1.97% or 1.18 points to trade at 61.08 at the close. Localiza Rent a Car SA (SA:RENT3) added 1.49% or 0.60 points to end at 40.87 and Hypermarcas SA (SA:HYPE3) was up 1.40% or 0.39 points to 28.27 in late trade.
Biggest losers included Petroleo Brasileiro SA PN (SA:PETR4), which lost 5.43% or 0.78 points to trade at 13.59 in late trade. Centrais Eletricas Brasileiras SA (SA:ELET3) declined 4.33% or 0.88 points to end at 19.42 and CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) shed 4.09% or 0.47 points to 11.01.
Declining stocks outnumbered rising ones by 213 to 123 and 34 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.99% to 31.30.
In commodities trading, Gold Futures for April delivery was down 0.44% or 5.25 to $1197.85 a troy ounce. Meanwhile, Crude oil for delivery in April fell 0.64% or 0.31 to hit $48.09 a barrel, while the May US coffee C contract fell 0.81% or 1.16 to trade at $141.27 .
USD/BRL was up 0.72% to 3.1752, while EUR/BRL rose 0.23% to 3.3659.
The US Dollar Index Futures was up 0.39% at 101.65.