Brazil stocks lower at close of trade; Bovespa down 1.39%

Investing.com – Brazil stocks were lower after the close on Friday, as losses in the Financials , Industrials and Consumption sectors led shares lower.

At the close in Sao Paulo, the Bovespa declined 1.39%.

The best performers of the session on the Bovespa were CSN Mineracao SA (BVMF:CMIN3 ), which rose 4.22% or 0.25 points to trade at 6.18 at the close. Meanwhile, Braskem SA (BVMF:BRKM5 ) added 3.00% or 0.55 points to end at 18.90 and Companhia Siderurgica Nacional (BVMF:CSNA3 ) was up 0.61% or 0.07 points to 11.60 in late trade.

The worst performers of the session were Azul SA Pref (BVMF:AZUL4 ), which fell 6.33% or 0.30 points to trade at 4.44 at the close. 3R Petroleum Oleo E Gas Sa (BVMF:RRRP3 ) declined 5.57% or 1.35 points to end at 22.87 and Companhia Brasileira De Distribuica (BVMF:PCAR3 ) was down 4.69% or 0.15 points to 3.05.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 636 to 316 and 60 ended unchanged.

Shares in 3R Petroleum Oleo E Gas Sa (BVMF:RRRP3 ) fell to 3-years lows; falling 5.57% or 1.35 to 22.87.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 4.91% to 26.14.

Gold Futures for December delivery was down 0.72% or 18.40 to $2,524.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.55% or 1.07 to hit $68.08 a barrel, while the December US coffee C contract fell 3.41% or 8.32 to trade at $235.88 .

USD/BRL was up 0.43% to 5.60, while EUR/BRL rose 0.17% to 6.20.

The US Dollar Index Futures was up 0.07% at 101.15.

Source: Investing.com