Brazil shares lower at close of trade; Bovespa down 0.71%

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

At the close in Sao Paulo, the Bovespa fell 0.71%.

The biggest gainers of the session on the Bovespa were BRF SA (BVMF:BRFS3), which rose 2.86% or 0.73 points to trade at 26.23 at the close. CSN Mineracao SA (BVMF:CMIN3) added 2.31% or 0.14 points to end at 6.21 and Marfrig Alimentos SA (BVMF:MRFG3) was up 1.82% or 0.28 points to 15.69 in late trade.

Biggest losers included Hypera SA (BVMF:HYPE3), which lost 8.30% or 2.00 points to trade at 22.10 in late trade. Cvc Brasil ON (BVMF:CVCB3) declined 5.09% or 0.11 points to end at 2.05 and Banco Bradesco SA Pref (BVMF:BBDC4) shed 4.39% or 0.66 points to 14.37.

Declining stocks outnumbered rising ones by 528 to 424 and 64 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 4.28% to 32.63.

In commodities trading, Gold Futures for December delivery was down 1.54% or 43.20 to $2,757.60 a troy ounce. Meanwhile, Crude oil for delivery in December rose 2.75% or 1.89 to hit $70.50 a barrel, while the December US coffee C contract fell 1.38% or 3.45 to trade at $246.15 .

USD/BRL was up 0.37% to 5.78, while EUR/BRL rose 0.59% to 6.29.

The US Dollar Index Futures was down 0.05% at 103.81.