Investing.com – Brazil equities were lower at the close on Monday, as losses in the Real Estate, Financials and Basic Materials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 1.87%.
The biggest gainers of the session on the Bovespa were Cia Siderurgica Nacional SA (SA:CSNA3), which rose 9.41% or 0.68 points to trade at 7.91 at the close. Usinas Siderurgicas de Minas Gerais (SA:USIM5) added 4.35% or 0.26 points to end at 6.24 and Qualicorp SA (SA:QUAL3) was up 2.82% or 0.69 points to 25.14 in late trade.
Biggest losers included Petroleo Brasileiro SA (SA:PETR3), which lost 7.28% or 1.07 points to trade at 13.63 in late trade. Fibria Celulose SA (SA:FIBR3) declined 6.75% or 2.92 points to end at 40.35 and BR Malls Participacoes SA (SA:BRML3) shed 6.70% or 1.24 points to 17.28.
Declining stocks outnumbered rising ones by 179 to 98 and 3 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.39% to 32.17.
In commodities trading, Gold for June delivery was up 2.29% or 26.90 to $1201.90 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.78% or 0.45 to hit $56.70 a barrel, while the July US coffee C contract fell 3.21% or 4.55 to trade at $137.22 .
USD/BRL was down 1.12% to 2.9178, while EUR/BRL fell 1.01% to 3.1764.
The US Dollar Index was down 0.18% at 96.89.