Investing.com – Brazil equities were lower at the close on Tuesday, as losses in the Basic Materials, Financials and Industrials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa fell 2.55% to hit a new 1-month low.
The biggest gainers of the session on the Bovespa were Localiza Rent a Car SA (SA:RENT3), which rose 5.35% or 3.06 points to trade at 60.22 at the close. Centrais Eletricas Brasileiras SA (SA:ELET3) added 2.41% or 0.50 points to end at 21.22 and Kroton Educacional SA (SA:KROT3) was up 2.07% or 0.36 points to 17.77 in late trade.
Biggest losers included Usinas Siderurgicas de Minas Gerais (SA:USIM5), which lost 8.68% or 0.77 points to trade at 8.10 in late trade. Metalurgica Gerdau SA (SA:GOAU4) declined 5.93% or 0.31 points to end at 4.92 and Smiles Fidelidade SA (SA:SMLS3) shed 5.38% or 4.44 points to 78.05.
Declining stocks outnumbered rising ones by 301 to 92 and 26 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 6.21% to 33.17.
In commodities trading, Gold Futures for December delivery was down 0.34% or 4.33 to $1277.27 a troy ounce. Meanwhile, Crude oil for delivery in December fell 0.21% or 0.12 to hit $57.23 a barrel, while the December US coffee C contract fell 0.72% or 0.90 to trade at $124.72 .
USD/BRL was up 0.69% to 3.2717, while EUR/BRL rose 0.52% to 3.7925.
The US Dollar Index Futures was up 0.16% at 94.77.