Investing.com – Brazil equities were lower at the close on Tuesday, as losses in the Basic Materials, Public Utilities and Electric Power sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa lost 0.38%.
The biggest gainers of the session on the Bovespa were Localiza Rent a Car SA (SA:RENT3), which rose 4.11% or 1.60 points to trade at 40.50 at the close. Lojas Renner SA (SA:LREN3) added 2.30% or 0.57 points to end at 25.40 and Kroton Educacional SA (SA:KROT3) was up 1.98% or 0.26 points to 13.36 in late trade.
Biggest losers included Vale SA (SA:VALE3), which lost 3.94% or 1.41 points to trade at 34.40 in late trade. Banco Santander Brasil SA Unit (SA:SANB11) declined 3.68% or 1.31 points to end at 34.25 and Vale SA Pref (SA:VALE5) shed 3.36% or 1.12 points to 32.23.
Declining stocks outnumbered rising ones by 228 to 181 and 39 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.04% to 26.33 a new 52-week low.
In commodities trading, Gold Futures for April delivery was up 0.35% or 4.25 to $1230.05 a troy ounce. Meanwhile, Crude oil for delivery in March rose 0.49% or 0.26 to hit $53.19 a barrel, while the May US coffee C contract fell 0.63% or 0.92 to trade at $145.93 .
USD/BRL was down 0.79% to 3.0853, while EUR/BRL fell 1.07% to 3.2621.
The US Dollar Index Futures was up 0.25% at 101.25.