Investing.com – Brazil equities were lower at the close on Tuesday, as losses in the Financials, Public Utilities and Telecoms sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa lost 0.32%.
The biggest gainers of the session on the Bovespa were Gerdau SA (SA:GGBR4), which rose 6.32% or 0.37 points to trade at 6.22 at the close. Kroton Educacional SA (SA:KROT3) added 5.36% or 0.580 points to end at 11.400 and Metalurgica Gerdau SA (SA:GOAU4) was up 3.86% or 0.08 points to 2.15 in late trade.
Biggest losers included BB Seguridade Participacoes SA (SA:BBSE3), which lost 5.51% or 1.70 points to trade at 29.15 in late trade. Cyrela Brazil Realty SA (SA:CYRE3) declined 4.07% or 0.45 points to end at 10.60 and JBS SA (SA:JBSS3) shed 3.80% or 0.44 points to 11.15.
Advancing stocks outnumbered falling ones by 153 to 125 and 33 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.27% to 48.63.
In commodities trading, Gold for April delivery was up 0.35% or 4.40 to $1248.60 a troy ounce. Meanwhile, Crude oil for delivery in May fell 0.72% or 0.30 to hit $41.22 a barrel, while the May US coffee C contract rose 2.53% or 3.32 to trade at $134.67 .
USD/BRL was up 0.10% to 3.5834, while EUR/BRL rose 0.08% to 4.0191.
The US Dollar Index was up 0.28% at 95.67.