Investing.com – Brazil equities were lower at the close on Monday, as losses in the Consumption, Real Estate and Basic Materials 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 Centrais Eletricas Brasileiras SA (SA:ELET6), which rose 3.63% or 0.31 points to trade at 8.85 at the close. Metalurgica Gerdau SA (SA:GOAU4) added 2.00% or 0.07 points to end at 3.57 and Banco Santander Brasil SA (SA:SANB11) was up 1.81% or 0.29 points to 16.29 in late trade.
Biggest losers included Oi SA (SA:OIBR4), which lost 9.09% or 0.44 points to trade at 4.40 in late trade. Braskem SA (SA:BRKM5) declined 7.81% or 0.98 points to end at 11.56 and Estacio Participacoes SA (SA:ESTC3) shed 6.83% or 0.97 points to 13.23.
Declining stocks outnumbered rising ones by 164 to 129 and 12 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 3.83% to 37.72.
In commodities trading, Gold for December delivery was down 0.87% or 9.50 to $1085.60 a troy ounce. Meanwhile, Crude oil for delivery in September fell 3.87% or 1.82 to hit $45.30 a barrel, while the September US coffee C contract fell 1.47% or 1.85 to trade at $123.88 .
USD/BRL was up 0.94% to 3.4548, while EUR/BRL rose 0.62% to 3.7832.
The US Dollar Index was up 0.29% at 97.60.