Brazil shares lower at close of trade; Bovespa down 1.41%

Investing.com – Brazil equities were lower at the close on Friday, as losses in the Financials, Industrials and Consumption sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa lost 1.41%.

The biggest gainers of the session on the Bovespa were CSN Mineracao SA (BVMF:CMIN3), which rose 4.22% or 0.25 points to trade at 6.18 at the close. Braskem SA (BVMF:BRKM5) added 3.00% or 0.55 points to end at 18.90 and Companhia Siderurgica Nacional (BVMF:CSNA3) was up 0.61% or 0.07 points to 11.60 in late trade.

Biggest losers included Azul SA Pref (BVMF:AZUL4), which lost 6.33% or 0.30 points to trade at 4.44 in late trade. 3R Petroleum Oleo E Gas Sa (BVMF:RRRP3) declined 5.57% or 1.35 points to end at 22.87 and Companhia Brasileira De Distribuica (BVMF:PCAR3) shed 4.69% or 0.15 points to 3.05.

Declining stocks outnumbered rising ones by 636 to 316 and 60 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 4.91% to 26.14.

In commodities trading, Gold Futures for December delivery was down 0.72% or 18.30 to $2,524.80 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.53% or 1.06 to hit $68.09 a barrel, while the December US coffee C contract fell 3.41% or 8.32 to trade at $235.88 .

USD/BRL was up 0.37% to 5.59, while EUR/BRL rose 0.17% to 6.20.

The US Dollar Index Futures was up 0.07% at 101.15.