Investing.com – Brazil equities were lower at the close on Thursday, as losses in the Financials, Public Utilities and Electric Power sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa lost 1.67% to hit a new 3-month low.
The biggest gainers of the session on the Bovespa were Tim Participacoes SA (SA:TIMP3), which rose 1.48% or 0.15 points to trade at 10.30 at the close. Cyrela Brazil Realty SA (SA:CYRE3) added 1.30% or 0.17 points to end at 13.20 and Vale SA Pref (SA:VALE5) was up 0.96% or 0.25 points to 26.29 in late trade.
Biggest losers included Banco do Brasil SA (SA:BBAS3), which lost 5.20% or 1.68 points to trade at 30.60 in late trade. Embraer SA (SA:EMBR3) declined 5.16% or 0.86 points to end at 15.80 and CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) shed 5.05% or 0.48 points to 9.02.
Declining stocks outnumbered rising ones by 208 to 127 and 37 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.67% to 34.94.
In commodities trading, Gold Futures for June delivery was up 0.89% or 11.35 to $1289.45 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.06% or 0.03 to hit $53.08 a barrel, while the May US coffee C contract rose 0.70% or 0.97 to trade at $139.07 .
USD/BRL was up 0.57% to 3.1431, while EUR/BRL rose 0.00% to 3.3351.
The US Dollar Index Futures was up 0.43% at 100.49.