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Brazil shares lower at close of trade; Bovespa down 2.82%

Published 21/06/2018, 21:25
© Reuters.  Brazil shares lower at close of trade; Bovespa down 2.82%
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Investing.com – Brazil equities were lower at the close on Thursday, as losses in the Financials, Public Utilities and Real Estate sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa declined 2.82%.

The biggest gainers of the session on the Bovespa were Braskem SA (SA:BRKM5), which rose 4.11% or 2.02 points to trade at 51.22 at the close. JBS SA (SA:JBSS3) added 2.31% or 0.21 points to end at 9.32 and Suzano Papel e Celulose SA (SA:SUZB3) was up 1.60% or 0.69 points to 43.80 in late trade.

Biggest losers included Centrais Eletricas Brasileiras SA (SA:ELET3), which lost 8.30% or 1.12 points to trade at 12.38 in late trade. B2W Cia Digital (SA:BTOW3) declined 7.74% or 2.15 points to end at 25.64 and Centrais Eletricas Brasileiras SA (SA:ELET6) shed 7.07% or 1.12 points to 14.72.

Declining stocks outnumbered rising ones by 264 to 146 and 27 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 4.57% to 36.13.

In commodities trading, Gold Futures for August delivery was down 0.38% or 4.90 to $1269.60 a troy ounce. Meanwhile, Crude oil for delivery in August rose 0.15% or 0.10 to hit $65.81 a barrel, while the September US coffee C contract fell 0.48% or 0.56 to trade at $116.22 .

USD/BRL was down 0.23% to 3.7636, while EUR/BRL rose 0.03% to 4.3680.

The US Dollar Index Futures was down 0.28% at 94.51.

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