Brazil shares lower at close of trade; Bovespa down 0.37%

Investing.com – Brazil equities were lower at the close on Tuesday, as losses in the Financials, Basic Materials and Electric Power sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa fell 0.37%.

The biggest gainers of the session on the Bovespa were Minerva SA/Brazil (BVMF:BEEF3), which rose 3.02% or 0.17 points to trade at 5.79 at the close. Marfrig Alimentos SA (BVMF:MRFG3) added 2.98% or 0.44 points to end at 15.20 and Embraer SA (BVMF:EMBR3) was up 2.41% or 1.18 points to 50.12 in late trade.

Biggest losers included Banco Santander Brasil SA Unit (BVMF:SANB11), which lost 5.13% or 1.48 points to trade at 27.39 in late trade. Tim Participacoes SA (BVMF:TIMS3) declined 4.94% or 0.85 points to end at 16.34 and Azul SA Pref (BVMF:AZUL4) shed 4.58% or 0.28 points to 5.83.

Advancing stocks outnumbered falling ones by 463 to 461 and 64 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 5.35% to 31.10.

In commodities trading, Gold Futures for December delivery was up 1.04% or 28.60 to $2,784.50 a troy ounce. Meanwhile, Crude oil for delivery in December unchanged 0.00% or 0.00 to hit $67.38 a barrel, while the December US coffee C contract fell 1.72% or 4.35 to trade at $248.00 .

USD/BRL was up 0.81% to 5.76, while EUR/BRL rose 0.90% to 6.23.

The US Dollar Index Futures was down 0.01% at 104.17.