Brazil shares lower at close of trade; Bovespa down 1.23%

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

At the close in Sao Paulo, the Bovespa fell 1.23% to hit a new 1-month low.

The biggest gainers of the session on the Bovespa were Ez Tec SA (BVMF:EZTC3), which rose 6.51% or 0.91 points to trade at 14.88 at the close. Sao Martinho SA (BVMF:SMTO3) added 5.21% or 1.32 points to end at 26.64 and Totvs SA (BVMF:TOTS3) was up 3.72% or 1.11 points to 30.95 in late trade.

Biggest losers included Grupo Vamos SA (BVMF:VAMO3), which lost 8.27% or 0.52 points to trade at 5.77 in late trade. Azul SA Pref (BVMF:AZUL4) declined 6.51% or 0.37 points to end at 5.31 and Magazine Luiza SA (BVMF:MGLU3) shed 6.34% or 0.60 points to 8.86.

Declining stocks outnumbered rising ones by 545 to 446 and 29 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 3.19% to 33.67.

In commodities trading, Gold Futures for December delivery was down 0.20% or 5.50 to $2,743.80 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.32% or 0.22 to hit $69.48 a barrel, while the December US coffee C contract fell 1.33% or 3.27 to trade at $242.63 .

USD/BRL was up 1.39% to 5.87, while EUR/BRL rose 0.90% to 6.36.

The US Dollar Index Futures was up 0.36% at 104.25.