Investing.com – Brazil equities were lower at the close on Wednesday, as losses in the Basic Materials, Financials and Electric Power sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 0.94%.
The biggest gainers of the session on the Bovespa were CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4), which rose 3.88% or 0.36 points to trade at 9.65 at the close. Embraer SA (SA:EMBR3) added 3.59% or 0.53 points to end at 15.29 and WEG SA (SA:WEGE3) was up 2.59% or 0.47 points to 18.65 in late trade.
Biggest losers included Vale SA (SA:VALE3), which lost 6.20% or 1.74 points to trade at 26.32 in late trade. Bradespar SA (SA:BRAP4) declined 5.67% or 1.15 points to end at 19.15 and Cielo SA (SA:CIEL3) shed 5.56% or 1.35 points to 22.95.
Advancing stocks outnumbered falling ones by 183 to 168 and 35 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.03% to 30.21.
In commodities trading, Gold Futures for June delivery was down 1.39% or 17.50 to $1239.50 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.23% or 0.11 to hit $47.55 a barrel, while the July US coffee C contract rose 0.70% or 0.95 to trade at $137.12 .
USD/BRL was up 0.49% to 3.1669, while EUR/BRL rose 0.09% to 3.4477.
The US Dollar Index Futures was up 0.45% at 99.22.