Brazil stocks lower at close of trade; Bovespa down 0.28%

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

At the close in Sao Paulo, the Bovespa declined 0.28%.

The best performers of the session on the Bovespa were Companhia Brasileira De Distribuica (BVMF:PCAR3 ), which rose 3.81% or 0.12 points to trade at 3.27 at the close. Meanwhile, Lojas Renner SA (BVMF:LREN3 ) added 3.37% or 0.61 points to end at 18.71 and Pet Center Comercio e Partcipacoes (BVMF:PETZ3 ) was up 2.74% or 0.13 points to 4.88 in late trade.

The worst performers of the session were MRV Engenharia e Participacoes SA (BVMF:MRVE3 ), which fell 5.40% or 0.42 points to trade at 7.36 at the close. Minerva SA/Brazil (BVMF:BEEF3 ) declined 4.48% or 0.26 points to end at 5.54 and Metalurgica Gerdau SA (BVMF:GOAU4 ) was down 3.77% or 0.41 points to 10.47.

Rising stocks outnumbered declining ones on the B3 Stock Exchange by 575 to 345 and 63 ended unchanged.

Shares in Minerva SA/Brazil (BVMF:BEEF3 ) fell to 5-year lows; down 4.48% or 0.26 to 5.54.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 14.47% to 35.53 a new 52-week high.

Gold Futures for December delivery was up 1.25% or 33.10 to $2,672.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 0.13% or 0.10 to hit $75.75 a barrel, while the December US coffee C contract fell 0.89% or 2.27 to trade at $252.48 .

USD/BRL was up 0.44% to 5.61, while EUR/BRL rose 0.43% to 6.14.

The US Dollar Index Futures was down 0.06% at 102.71.

Source: Investing.com