Investing.com – Brazil equities were lower at the close on Wednesday, as losses in the Real Estate, Financials and Basic Materials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 1.17%.
The biggest gainers of the session on the Bovespa were Qualicorp SA (SA:QUAL3), which rose 2.55% or 0.53 points to trade at 21.34 at the close. Companhia Brasileira deDistribuicao (SA:PCAR4) added 2.20% or 1.37 points to end at 63.60 and Tim Participacoes SA (SA:TIMP3) was up 0.68% or 0.07 points to 10.36 in late trade.
Biggest losers included Banco do Brasil SA (SA:BBAS3), which lost 3.65% or 1.18 points to trade at 31.15 in late trade. BR Malls Participacoes SA (SA:BRML3) declined 3.58% or 0.52 points to end at 14.00 and Petroleo Brasileiro SA PN (SA:PETR4) shed 3.55% or 0.50 points to 13.60.
Declining stocks outnumbered rising ones by 216 to 125 and 31 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.29% to 35.70 a new 3-month high.
In commodities trading, Gold Futures for June delivery was down 0.97% or 12.60 to $1281.50 a troy ounce. Meanwhile, Crude oil for delivery in May fell 3.55% or 1.86 to hit $50.55 a barrel, while the July US coffee C contract fell 3.21% or 4.66 to trade at $140.52 .
USD/BRL was up 1.34% to 3.1495, while EUR/BRL rose 1.21% to 3.3746.
The US Dollar Index Futures was up 0.27% at 99.68.