Investing.com – Brazil equities were lower at the close on Thursday, as losses in the Real Estate, Financials and Electric Power sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa lost 8.80% to hit a new 3-month low.
The biggest gainers of the session on the Bovespa were Fibria Celulose SA (SA:FIBR3), which rose 11.48% or 3.32 points to trade at 32.25 at the close. Suzano Papel e Celulose SA (SA:SUZB5) added 9.86% or 1.25 points to end at 13.93 and Embraer SA (SA:EMBR3) was up 2.67% or 0.40 points to 15.40 in late trade.
Biggest losers included Centrais Eletricas Brasileiras SA (SA:ELET3), which lost 20.97% or 3.33 points to trade at 12.55 in late trade. CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) declined 20.43% or 1.80 points to end at 7.01 and Banco do Brasil SA (SA:BBAS3) shed 19.91% or 6.73 points to 27.08.
Declining stocks outnumbered rising ones by 378 to 92 and 6 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 38.26% to 50.34 a new 52-week high.
In commodities trading, Gold Futures for June delivery was down 0.89% or 11.20 to $1247.50 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.49% or 0.24 to hit $49.31 a barrel, while the July US coffee C contract fell 3.79% or 5.10 to trade at $129.47 .
USD/BRL was up 7.53% to 3.3730, while EUR/BRL rose 7.04% to 3.7471.
The US Dollar Index Futures was up 0.41% at 97.74.