Investing.com – Brazil equities were lower at the close on Wednesday, as losses in the Consumption, Industrials and Real Estate sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa fell 1.34%.
The biggest gainers of the session on the Bovespa were Cia Energetica de Minas Gerais (SA:CMIG4), which rose 7.69% or 0.45 points to trade at 6.30 at the close. Qualicorp SA (SA:QUAL3) added 4.25% or 0.75 points to end at 18.40 and Metalurgica Gerdau SA (SA:GOAU4) was up 2.54% or 0.050 points to 2.020 in late trade.
Biggest losers included Localiza Rent a Car SA (SA:RENT3), which lost 5.60% or 2.06 points to trade at 34.70 in late trade. JBS SA (SA:JBSS3) declined 4.53% or 0.43 points to end at 9.06 and Fibria Celulose SA (SA:FIBR3) shed 4.20% or 1.14 points to 26.00.
Declining stocks outnumbered rising ones by 166 to 128 and 25 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 6.28% to 43.52.
In commodities trading, Gold for August delivery was down 0.25% or 3.15 to $1269.35 a troy ounce. Meanwhile, Crude oil for delivery in August fell 1.64% or 0.82 to hit $49.03 a barrel, while the September US coffee C contract fell 1.21% or 1.72 to trade at $139.88 .
USD/BRL was down 0.94% to 3.3792, while EUR/BRL fell 0.53% to 3.8177.
The US Dollar Index was down 0.36% at 93.82.