Investing.com – Brazil equities were lower at the close on Tuesday, as losses in the Basic Materials, Consumption and Industrials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 1.22%.
The biggest gainers of the session on the Bovespa were Cosan SA Industria e Comercio (SA:CSAN3), which rose 1.74% or 0.73 points to trade at 42.65 at the close. Fibria Celulose SA (SA:FIBR3) added 1.51% or 0.82 points to end at 55.12 and Cia Paranaense de Energia (SA:CPLE6) was up 0.66% or 0.15 points to 22.85 in late trade.
Biggest losers included Usinas Siderurgicas de Minas Gerais (SA:USIM5), which lost 4.71% or 0.53 points to trade at 10.72 in late trade. EcoRodovias SA (SA:ECOR3) declined 4.55% or 0.55 points to end at 11.55 and Centrais Eletricas Brasileiras SA (SA:ELET6) shed 4.31% or 0.93 points to 20.65.
Declining stocks outnumbered rising ones by 269 to 181 and 29 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 7.16% to 34.44 a new 1-month high.
In commodities trading, Gold Futures for February delivery was up 0.60% or 8.00 to $1339.90 a troy ounce. Meanwhile, Crude oil for delivery in March rose 1.81% or 1.15 to hit $64.72 a barrel, while the March US coffee C contract fell 1.23% or 1.50 to trade at $120.88 .
USD/BRL was up 1.11% to 3.2378, while EUR/BRL rose 1.35% to 3.9789.
The US Dollar Index Futures was down 0.26% at 89.92.