Investing.com – Brazil equities were lower at the close on Wednesday, as losses in the Public Utilities, Electric Power and Financials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 0.39%.
The biggest gainers of the session on the Bovespa were Suzano Papel e Celulose SA (SA:SUZB3), which rose 5.49% or 1.25 points to trade at 24.00 at the close. Fibria Celulose SA (SA:FIBR3) added 3.64% or 2.52 points to end at 71.75 and MRV Engenharia e Participacoes SA (SA:MRVE3) was up 2.65% or 0.43 points to 16.65 in late trade.
Biggest losers included Centrais Eletricas Brasileiras SA (SA:ELET6), which lost 7.36% or 2.03 points to trade at 25.57 in late trade. Centrais Eletricas Brasileiras SA (SA:ELET3) declined 6.86% or 1.68 points to end at 22.80 and Qualicorp SA (SA:QUAL3) shed 3.21% or 0.86 points to 25.96.
Declining stocks outnumbered rising ones by 272 to 178 and 33 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 7.38% to 26.47 a new 1-month low.
In commodities trading, Gold Futures for April delivery was down 0.13% or 1.70 to $1325.40 a troy ounce. Meanwhile, Crude oil for delivery in April rose 0.33% or 0.20 to hit $60.91 a barrel, while the May US coffee C contract fell 0.13% or 0.16 to trade at $121.12 .
USD/BRL was up 0.09% to 3.2633, while EUR/BRL fell 0.10% to 4.0359.
The US Dollar Index Futures was up 0.04% at 89.74.