Brazil stocks lower at close of trade; Bovespa down 0.88%

Investing.com – Brazil stocks were lower after the close on Monday, as losses in the Electric Power , Real Estate and Public Utilities sectors led shares lower.

At the close in Sao Paulo, the Bovespa fell 0.88%.

The best performers of the session on the Bovespa were Hypera SA (BVMF:HYPE3 ), which rose 3.32% or 0.60 points to trade at 18.65 at the close. Meanwhile, Suzano Papel e Celulose SA (BVMF:SUZB3 ) added 2.72% or 1.62 points to end at 61.24 and IRB Brasil Resseguros SA (BVMF:IRBR3 ) was up 2.42% or 0.91 points to 38.50 in late trade.

The worst performers of the session were Automob Participações SA (BVMF:AMOB3 ), which fell 19.05% or 0.08 points to trade at 0.34 at the close. Azul SA Pref (BVMF:AZUL4 ) declined 9.34% or 0.34 points to end at 3.30 and Brava Energia SA (BVMF:BRAV3 ) was down 7.67% or 1.59 points to 19.13.

Rising stocks outnumbered declining ones on the B3 Stock Exchange by 581 to 379 and 38 ended unchanged.

Shares in Automob Participações SA (BVMF:AMOB3 ) fell to all time lows; falling 19.05% or 0.08 to 0.34. Shares in Azul SA Pref (BVMF:AZUL4 ) fell to all time lows; falling 9.34% or 0.34 to 3.30.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 0.78% to 36.02.

Gold Futures for February delivery was down 0.64% or 16.88 to $2,628.22 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in February rose 0.17% or 0.12 to hit $69.58 a barrel, while the March US coffee C contract rose 0.26% or 0.86 to trade at $325.86 .

USD/BRL was up 1.80% to 6.20, while EUR/BRL rose 0.98% to 6.45.

The US Dollar Index Futures was up 0.46% at 107.85.

Source: Investing.com