Investing.com – Brazil equities were lower at the close on Friday, as losses in the Financials, Electric Power and Public Utilities sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa declined 2.25% to hit a new 1-month low.
The biggest gainers of the session on the Bovespa were Oi SA (SA:OIBR4), which rose 6.64% or 0.44 points to trade at 7.07 at the close. Estacio Participacoes SA (SA:ESTC3) added 2.23% or 0.40 points to end at 18.30 and Telefonica Brasil SA (SA:VIVT4) was up 1.13% or 0.50 points to 44.85 in late trade.
Biggest losers included Qualicorp SA (SA:QUAL3), which lost 19.66% or 4.65 points to trade at 19.00 in late trade. EcoRodovias SA (SA:ECOR3) declined 7.17% or 0.56 points to end at 7.25 and Cia Siderurgica Nacional SA (SA:CSNA3) shed 6.24% or 0.41 points to 6.16.
Declining stocks outnumbered rising ones by 169 to 128 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 0.41% to 32.07.
In commodities trading, Gold for August delivery was up 0.13% or 1.60 to $1190.40 a troy ounce. Meanwhile, Crude oil for delivery in July rose 4.57% or 2.63 to hit $60.31 a barrel, while the July US coffee C contract rose 1.12% or 1.40 to trade at $126.38 .
USD/BRL was up 0.74% to 3.1841, while EUR/BRL rose 1.08% to 3.4975.
The US Dollar Index was down 0.17% at 96.97.