Investing.com – Brazil equities were lower at the close on Wednesday, as losses in the Public Utilities, Electric Power and Consumption sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 0.24%.
The biggest gainers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 3.88% or 0.31 points to trade at 8.31 at the close. Kroton Educacional SA (SA:KROT3) added 3.28% or 0.34 points to end at 10.70 and B2W Cia Digital (SA:BTOW3) was up 2.23% or 0.60 points to 27.50 in late trade.
Biggest losers included Viavarejo Unt (SA:VVAR11), which lost 6.48% or 1.10 points to trade at 15.88 in late trade. Centrais Eletricas Brasileiras SA (SA:ELET6) declined 4.53% or 0.86 points to end at 18.12 and CCR SA (SA:CCRO3) shed 4.19% or 0.38 points to 8.68.
Declining stocks outnumbered rising ones by 243 to 192 and 30 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 9.24% to 45.36.
In commodities trading, Gold Futures for December delivery was up 0.48% or 5.80 to $1208.70 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.62% or 1.13 to hit $70.72 a barrel, while the December US coffee C contract rose 0.63% or 0.60 to trade at $96.45 .
USD/BRL was down 0.82% to 4.1288, while EUR/BRL fell 0.66% to 4.8215.
The US Dollar Index Futures was down 0.14% at 94.09.