Investing.com – Brazil equities were lower at the close on Thursday, as losses in the Basic Materials, Financials and Industrials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 2.33%.
The biggest gainers of the session on the Bovespa were JBS SA (SA:JBSS3), which rose 3.11% or 0.33 points to trade at 10.95 at the close. Qualicorp SA (SA:QUAL3) added 1.99% or 0.29 points to end at 14.87 and ALL America Latina Logistica SA (SA:RUMO3) was up 1.21% or 0.04 points to 3.34 in late trade.
Biggest losers included Klabin Unt (SA:KLBN11), which lost 5.93% or 1.22 points to trade at 19.37 in late trade. Lojas Americanas SA (SA:LAME4) declined 5.14% or 0.90 points to end at 16.62 and Lojas Renner SA (SA:LREN3) shed 5.03% or 1.10 points to 20.79.
Declining stocks outnumbered rising ones by 210 to 74 and 33 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.94% to 51.49.
In commodities trading, Gold for June delivery was up 0.41% or 5.00 to $1233.60 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.34% or 0.13 to hit $38.19 a barrel, while the May US coffee C contract rose 0.37% or 0.47 to trade at $127.42 .
USD/BRL was down 0.30% to 3.5885, while EUR/BRL rose 0.08% to 4.0848.
The US Dollar Index was down 0.17% at 94.63.