Investing.com – Brazil equities were lower at the close on Wednesday, as losses in the Real Estate, Public Utilities and Financials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 2.68%.
The biggest gainers of the session on the Bovespa were Suzano Papel e Celulose SA (SA:SUZB3), which rose 2.22% or 0.91 points to trade at 41.91 at the close. Fibria Celulose SA (SA:FIBR3) added 1.47% or 1.05 points to end at 72.40 and Embraer SA (SA:EMBR3) was up 1.39% or 0.26 points to 18.96 in late trade.
Biggest losers included Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4), which lost 10.92% or 1.62 points to trade at 13.21 in late trade. Centrais Eletricas Brasileiras SA (SA:ELET3) declined 9.21% or 2.10 points to end at 20.71 and Centrais Eletricas Brasileiras SA (SA:ELET6) shed 8.36% or 2.24 points to 24.55.
Declining stocks outnumbered rising ones by 350 to 130 and 30 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 13.13% to 51.01.
In commodities trading, Gold Futures for December delivery was up 0.48% or 5.70 to $1197.20 a troy ounce. Meanwhile, Crude oil for delivery in November fell 2.84% or 2.13 to hit $72.83 a barrel, while the December US coffee C contract fell 1.41% or 1.60 to trade at $111.70 .
USD/BRL was up 1.21% to 3.7575, while EUR/BRL rose 1.49% to 4.3304.
The US Dollar Index Futures was down 0.18% at 95.19.