Brazil shares lower at close of trade; Bovespa down 0.38%

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

At the close in Sao Paulo, the Bovespa fell 0.38% to hit a new 1-month low.

The biggest gainers of the session on the Bovespa were Santos Brasil Participacoes SA (BVMF:STBP3), which rose 16.44% or 2.09 points to trade at 14.80 at the close. WEG SA (BVMF:WEGE3) added 3.43% or 1.80 points to end at 54.32 and Embraer SA (BVMF:EMBR3) was up 2.20% or 1.06 points to 49.31 in late trade.

Biggest losers included YDUQS Participacoes SA (BVMF:YDUQ3), which lost 5.34% or 0.53 points to trade at 9.40 in late trade. Usinas Siderurgicas de Minas Gerais SA USIMINAS Pref (BVMF:USIM5) declined 4.76% or 0.28 points to end at 5.60 and Vibra Energia SA (BVMF:VBBR3) shed 4.04% or 1.00 points to 23.78.

Declining stocks outnumbered rising ones by 529 to 417 and 54 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.56% to 26.89.

In commodities trading, Gold Futures for December delivery was up 0.24% or 6.25 to $2,652.45 a troy ounce. Meanwhile, Crude oil for delivery in November fell 0.63% or 0.45 to hit $70.55 a barrel, while the December US coffee C contract rose 5.00% or 12.55 to trade at $263.30 .

USD/BRL was up 0.52% to 5.54, while EUR/BRL rose 1.58% to 6.15.

The US Dollar Index Futures was up 0.19% at 100.62.