Investing.com – Brazil equities were lower at the close on Wednesday, as losses in the Financials, Public Utilities and Industrials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa fell 1.08%.
The biggest gainers of the session on the Bovespa were Tim Participacoes SA (SA:TIMP3), which rose 5.64% or 0.50 points to trade at 9.36 at the close. Oi SA (SA:OIBR4) added 3.59% or 0.22 points to end at 6.35 and Cia Siderurgica Nacional SA (SA:CSNA3) was up 2.93% or 0.21 points to 7.38 in late trade.
Biggest losers included Cia de Saneamento Basico do Estado (SA:SBSP3), which lost 4.64% or 0.90 points to trade at 18.50 in late trade. ALL America Latina Logistica SA (SA:RUMO3) declined 4.44% or 0.06 points to end at 1.29 and Light SA (SA:LIGT3) shed 4.00% or 0.76 points to 18.24.
Declining stocks outnumbered rising ones by 152 to 121 and 11 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.31% to 29.37.
In commodities trading, Gold for June delivery was up 0.20% or 2.40 to $1209.10 a troy ounce. Meanwhile, Crude oil for delivery in July rose 1.28% or 0.74 to hit $58.73 a barrel, while the July US coffee C contract fell 2.47% or 3.45 to trade at $136.07 .
USD/BRL was down 1.09% to 3.0033, while EUR/BRL fell 1.53% to 3.3337.
The US Dollar Index was up 0.30% at 95.66.