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

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

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

The best performers 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. Meanwhile, 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.

The worst performers of the session were Grupo Vamos SA (BVMF:VAMO3 ), which fell 8.27% or 0.52 points to trade at 5.77 at the close. Azul SA Pref (BVMF:AZUL4 ) declined 6.51% or 0.37 points to end at 5.31 and Magazine Luiza SA (BVMF:MGLU3 ) was down 6.34% or 0.60 points to 8.86.

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

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

Gold Futures for December delivery was down 0.18% or 4.95 to $2,744.35 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.30% or 0.21 to hit $69.47 a barrel, while the December US coffee C contract fell 1.33% or 3.27 to trade at $242.63 .

USD/BRL was up 1.42% to 5.87, while EUR/BRL rose 0.93% to 6.36.

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

Source: Investing.com