Brazil stocks lower at close of trade; Bovespa down 0.32%

Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Financials , Electric Power and Basic Materials sectors led shares lower.

At the close in Sao Paulo, the Bovespa declined 0.32%.

The best performers 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. Meanwhile, 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.

The worst performers of the session were Banco Santander Brasil SA Unit (BVMF:SANB11 ), which fell 5.13% or 1.48 points to trade at 27.39 at the close. Tim Participacoes SA (BVMF:TIMS3 ) declined 4.94% or 0.85 points to end at 16.34 and Azul SA Pref (BVMF:AZUL4 ) was down 4.58% or 0.28 points to 5.83.

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

Shares in Marfrig Alimentos SA (BVMF:MRFG3 ) rose to 52-week highs; up 2.98% or 0.44 to 15.20.

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

Gold Futures for December delivery was up 1.04% or 28.70 to $2,784.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.04% or 0.03 to hit $67.41 a barrel, while the December US coffee C contract fell 1.72% or 4.35 to trade at $248.00 .

USD/BRL was up 0.88% to 5.76, while EUR/BRL rose 0.90% to 6.23.

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

Source: Investing.com