Brazil shares lower at close of trade; Bovespa down 1.55%

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

At the close in Sao Paulo, the Bovespa declined 1.55% to hit a new 1-month low.

The biggest gainers of the session on the Bovespa were Raizen SA Preferred (BVMF:RAIZ4), which rose 2.28% or 0.07 points to trade at 3.14 at the close. Embraer SA (BVMF:EMBR3) added 1.60% or 0.76 points to end at 48.25 and Tim Participacoes SA (BVMF:TIMS3) was up 1.30% or 0.24 points to 18.73 in late trade.

Biggest losers included Companhia Siderurgica Nacional (BVMF:CSNA3), which lost 7.63% or 0.92 points to trade at 11.13 in late trade. Magazine Luiza SA (BVMF:MGLU3) declined 7.26% or 0.81 points to end at 10.35 and Cvc Brasil ON (BVMF:CVCB3) shed 6.97% or 0.14 points to 1.87.

Declining stocks outnumbered rising ones by 557 to 389 and 38 ended unchanged on the B3 Stock Exchange.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.05% to 26.22.

In commodities trading, Gold Futures for December delivery was up 1.14% or 29.85 to $2,644.45 a troy ounce. Meanwhile, Crude oil for delivery in November rose 0.07% or 0.05 to hit $71.21 a barrel, while the December US coffee C contract fell 3.56% or 9.32 to trade at $252.33 .

USD/BRL was up 1.62% to 5.51, while EUR/BRL rose 1.82% to 6.16.

The US Dollar Index Futures was up 0.17% at 100.50.