Investing.com – Brazil equities were lower at the close on Tuesday, as losses in the Basic Materials, Industrials and Financials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 0.45%.
The biggest gainers of the session on the Bovespa were JBS SA (SA:JBSS3), which rose 3.77% or 0.38 points to trade at 10.45 at the close. CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) added 2.92% or 0.28 points to end at 9.88 and Hypermarcas SA (SA:HYPE3) was up 2.84% or 0.83 points to 30.07 in late trade.
Biggest losers included Metalurgica Gerdau SA (SA:GOAU4), which lost 3.13% or 0.14 points to trade at 4.33 in late trade. Gerdau SA Pref (SA:GGBR4) declined 3.09% or 0.32 points to end at 10.03 and Petroleo Brasileiro SA (SA:PETR3) shed 2.43% or 0.38 points to 15.25.
Declining stocks outnumbered rising ones by 202 to 156 and 35 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 5.56% to 33.96.
In commodities trading, Gold Futures for June delivery was up 1.71% or 21.45 to $1275.35 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.53% or 0.28 to hit $53.36 a barrel, while the May US coffee C contract rose 0.34% or 0.47 to trade at $140.27 .
USD/BRL was up 0.29% to 3.1411, while EUR/BRL rose 0.37% to 3.3312.
The US Dollar Index Futures was down 0.32% at 100.62.