Brazil shares lower at close of trade; Bovespa down 0.13%

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

At the close in Sao Paulo, the Bovespa lost 0.13%.

The biggest gainers of the session on the Bovespa were Cvc Brasil ON (BVMF:CVCB3), which rose 5.05% or 0.10 points to trade at 2.08 at the close. Usinas Siderurgicas de Minas Gerais SA USIMINAS Pref (BVMF:USIM5) added 4.24% or 0.27 points to end at 6.64 and Vale SA (BVMF:VALE3) was up 3.40% or 2.03 points to 61.73 in late trade.

Biggest losers included IRB Brasil Resseguros SA (BVMF:IRBR3), which lost 6.49% or 2.87 points to trade at 41.35 in late trade. Atacadao SA (BVMF:CRFB3) declined 6.16% or 0.46 points to end at 7.01 and Hypera SA (BVMF:HYPE3) shed 5.55% or 1.54 points to 26.20.

Declining stocks outnumbered rising ones by 483 to 470 and 55 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.55% to 29.40.

In commodities trading, Gold Futures for December delivery was up 0.31% or 8.45 to $2,757.35 a troy ounce. Meanwhile, Crude oil for delivery in December rose 2.02% or 1.42 to hit $71.61 a barrel, while the December US coffee C contract rose 0.92% or 2.25 to trade at $247.70 .

USD/BRL was up 0.74% to 5.71, while EUR/BRL rose 0.44% to 6.16.

The US Dollar Index Futures was up 0.26% at 104.18.