Investing.com – Brazil equities were lower at the close on Wednesday, as losses in the Basic Materials, Electric Power and Financials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa fell 0.72%.
The biggest gainers of the session on the Bovespa were BRF SA (SA:BRFS3), which rose 4.91% or 0.99 points to trade at 21.15 at the close. Ultrapar Participacoes SA (SA:UGPA3) added 4.43% or 1.93 points to end at 45.53 and Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4) was up 4.37% or 0.88 points to 21.02 in late trade.
Biggest losers included Itau Unibanco Banco Holding SA (SA:ITUB4), which lost 34.20% or 18.03 points to trade at 34.69 in late trade. Gerdau SA Pref (SA:GGBR4) declined 4.95% or 0.80 points to end at 15.35 and Cia Siderurgica Nacional SA (SA:CSNA3) shed 3.82% or 0.36 points to 9.07.
Declining stocks outnumbered rising ones by 258 to 184 and 37 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 7.56% to 36.67.
In commodities trading, Gold Futures for December delivery was up 0.47% or 5.70 to $1226.90 a troy ounce. Meanwhile, Crude oil for delivery in January rose 1.97% or 1.05 to hit $54.48 a barrel, while the March US coffee C contract fell 0.87% or 1.00 to trade at $113.90 .
USD/BRL was up 1.09% to 3.7982, while EUR/BRL rose 1.25% to 4.3253.
The US Dollar Index Futures was down 0.10% at 96.615.