Investing.com – Brazil equities were lower at the close on Friday, as losses in the Public Utilities, Basic Materials and Financials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 1.43%.
The biggest gainers of the session on the Bovespa were Kroton Educacional SA (SA:KROT3), which rose 1.20% or 0.180 points to trade at 15.200 at the close. Raia Drogasil SA (SA:RADL3) added 0.94% or 0.610 points to end at 65.210 and Localiza Rent a Car SA (SA:RENT3) was up 0.83% or 0.33 points to 39.90 in late trade.
Biggest losers included Gerdau SA (SA:GGBR4), which lost 3.67% or 0.32 points to trade at 8.39 in late trade. Usinas Siderurgicas de Minas Gerais (SA:USIM5) declined 3.66% or 0.13 points to end at 3.42 and Cia Siderurgica Nacional SA (SA:CSNA3) shed 3.14% or 0.26 points to 8.01.
Declining stocks outnumbered rising ones by 224 to 99 and 24 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.21% to 36.18.
In commodities trading, Gold for December delivery was down 0.38% or 4.95 to $1313.05 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.57% or 0.69 to hit $43.22 a barrel, while the December US coffee C contract rose 0.05% or 0.07 to trade at $148.75 .
USD/BRL was down 1.03% to 3.2684, while EUR/BRL fell 1.84% to 3.6455.
The US Dollar Index was up 0.83% at 96.07.