Brazil stocks lower at close of trade; Bovespa down 1.32%

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

At the close in Sao Paulo, the Bovespa lost 1.32% to hit a new 3-months low.

The best performers of the session on the Bovespa were Embraer SA (BVMF:EMBR3 ), which rose 6.93% or 3.47 points to trade at 53.52 at the close. Meanwhile, Magazine Luiza SA (BVMF:MGLU3 ) added 3.52% or 0.33 points to end at 9.71 and Vivara Participacoes SA (BVMF:VIVA3 ) was up 2.73% or 0.68 points to 25.63 in late trade.

The worst performers of the session were Alpargatas SA (BVMF:ALPA4 ), which fell 7.90% or 0.56 points to trade at 6.53 at the close. Lojas Renner SA (BVMF:LREN3 ) declined 6.08% or 1.10 points to end at 16.98 and Fleury SA (BVMF:FLRY3 ) was down 6.03% or 0.87 points to 13.56.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 489 to 465 and 50 ended unchanged.

Shares in Embraer SA (BVMF:EMBR3 ) rose to all time highs; gaining 6.93% or 3.47 to 53.52. Shares in Alpargatas SA (BVMF:ALPA4 ) fell to 5-year lows; falling 7.90% or 0.56 to 6.53. Shares in Fleury SA (BVMF:FLRY3 ) fell to 52-week lows; down 6.03% or 0.87 to 13.56.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 8.25% to 34.12.

Gold Futures for December delivery was down 0.37% or 10.10 to $2,695.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 2.53% or 1.83 to hit $70.53 a barrel, while the December US coffee C contract fell 2.46% or 6.40 to trade at $254.00 .

USD/BRL was up 0.69% to 5.73, while EUR/BRL fell 0.19% to 6.14.

The US Dollar Index Futures was up 0.49% at 104.88.

Source: Investing.com