Investing.com – Brazil equities were lower at the close on Tuesday, as losses in the Financials, Real Estate and Basic Materials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 2.01% to hit a new 3-month low.
The biggest gainers of the session on the Bovespa were Ambev SA (SA:ABEV3), which rose 1.12% or 0.20 points to trade at 18.07 at the close. Marfrig Alimentos SA (SA:MRFG3) unchanged 0.00% or 0.00 points to end at 6.65 and CPFL Energia SA (SA:CPFE3) was down 0.04% or 0.01 points to 26.34 in late trade.
Biggest losers included Estacio Participacoes SA (SA:ESTC3), which lost 7.11% or 1.21 points to trade at 15.80 in late trade. JBS SA (SA:JBSS3) declined 5.35% or 0.34 points to end at 6.01 and Centrais Eletricas Brasileiras SA (SA:ELET6) shed 4.22% or 0.70 points to 15.89.
Declining stocks outnumbered rising ones by 255 to 102 and 42 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 7.53% to 33.55.
In commodities trading, Gold Futures for August delivery was down 0.19% or 2.34 to $1244.36 a troy ounce. Meanwhile, Crude oil for delivery in August fell 2.05% or 0.91 to hit $43.52 a barrel, while the September US coffee C contract fell 1.60% or 2.02 to trade at $124.28 .
USD/BRL was up 1.32% to 3.3260, while EUR/BRL rose 1.16% to 3.7022.
The US Dollar Index Futures was up 0.17% at 97.40.