Investing.com – Brazil equities were lower at the close on Monday, as losses in the Basic Materials, Financials and Industrials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 1.41% to hit a new 3-month low.
The biggest gainers of the session on the Bovespa were Magazine Luiza SA (SA:MGLU3), which rose 4.22% or 4.44 points to trade at 109.53 at the close. Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4) added 3.73% or 0.53 points to end at 14.74 and Cia Paranaense de Energia (SA:CPLE6) was up 2.27% or 0.54 points to 24.30 in late trade.
Biggest losers included Ultrapar Participacoes SA (SA:UGPA3), which lost 5.94% or 3.24 points to trade at 51.34 in late trade. Centrais Eletricas Brasileiras SA (SA:ELET3) declined 4.01% or 0.74 points to end at 17.71 and Petroleo Brasileiro SA (SA:PETR3) shed 3.35% or 1.01 points to 29.14.
Declining stocks outnumbered rising ones by 283 to 171 and 25 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.82% to 31.41.
In commodities trading, Gold Futures for June delivery was up 0.08% or 1.00 to $1292.30 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.67% or 1.19 to hit $72.56 a barrel, while the July US coffee C contract rose 1.66% or 1.96 to trade at $120.08 .
USD/BRL was down 1.49% to 3.6808, while EUR/BRL fell 1.32% to 4.3401.
The US Dollar Index Futures was down 0.14% at 93.45.