Investing.com – Brazil equities were lower at the close on Friday, as losses in the Financials, Basic Materials and Industrials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa fell 3.32%.
The biggest gainers of the session on the Bovespa were Suzano Papel e Celulose SA (SA:SUZB5), which fell 0.32% or 0.04 points to trade at 12.36 at the close. Localiza Rent a Car SA (SA:RENT3) fell 0.33% or 0.11 points to end at 33.41 and Companhia Brasileira deDistribuicao (SA:PCAR4) was down 0.41% or 0.18 points to 43.35 in late trade.
Biggest losers included Usinas Siderurgicas de Minas Gerais (SA:USIM5), which lost 10.05% or 0.20 points to trade at 1.79 in late trade. Cia Siderurgica Nacional SA (SA:CSNA3) declined 7.82% or 0.59 points to end at 6.95 and Petroleo Brasileiro SA (SA:PETR3) shed 6.13% or 0.72 points to 11.03.
Declining stocks outnumbered rising ones by 241 to 66 and 15 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 8.88% to 41.06.
In commodities trading, Gold for August delivery was up 0.37% or 4.75 to $1277.45 a troy ounce. Meanwhile, Crude oil for delivery in July fell 3.13% or 1.58 to hit $48.98 a barrel, while the July US coffee C contract rose 2.36% or 3.18 to trade at $137.68 .
USD/BRL was up 0.64% to 3.4242, while EUR/BRL rose 0.21% to 3.8544.
The US Dollar Index was up 0.52% at 94.59.