Investing.com – Brazil equities were lower at the close on Tuesday, as losses in the Basic Materials, Industrials and Consumption sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa fell 2.04%.
The biggest gainers of the session on the Bovespa were Smiles ON (SA:SMLE3), which rose 0.65% or 0.29 points to trade at 45.10 at the close. ALL America Latina Logistica SA (SA:RUMO3) unchanged 0.00% or 0.000 points to end at 4.460 and Kroton Educacional SA (SA:KROT3) was down 0.15% or 0.020 points to 13.080 in late trade.
Biggest losers included Usinas Siderurgicas de Minas Gerais (SA:USIM5), which lost 5.65% or 0.10 points to trade at 1.67 in late trade. Cia Siderurgica Nacional SA (SA:CSNA3) declined 4.71% or 0.33 points to end at 6.67 and Qualicorp SA (SA:QUAL3) shed 4.41% or 0.76 points to 16.49.
Declining stocks outnumbered rising ones by 237 to 58 and 22 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 4.17% to 44.73 a new 1-month high.
In commodities trading, Gold for August delivery was up 0.12% or 1.60 to $1288.50 a troy ounce. Meanwhile, Crude oil for delivery in July fell 1.64% or 0.80 to hit $48.08 a barrel, while the July US coffee C contract fell 1.15% or 1.57 to trade at $135.50 .
USD/BRL was down 0.01% to 3.4816, while EUR/BRL fell 0.77% to 3.9020.
The US Dollar Index was up 0.65% at 95.03.