Brazil stocks lower at close of trade; Bovespa down 0.38%

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

At the close in Sao Paulo, the Bovespa declined 0.38%.

The best performers of the session on the Bovespa were Cogna Educacao SA (BVMF:COGN3 ), which rose 12.70% or 0.16 points to trade at 1.42 at the close. Meanwhile, Azul SA Pref (BVMF:AZUL4 ) added 7.48% or 0.43 points to end at 6.18 and YDUQS Participacoes SA (BVMF:YDUQ3 ) was up 5.32% or 0.54 points to 10.69 in late trade.

The worst performers of the session were Companhia Siderurgica Nacional (BVMF:CSNA3 ), which fell 4.70% or 0.60 points to trade at 12.16 at the close. Usinas Siderurgicas de Minas Gerais SA USIMINAS Pref (BVMF:USIM5 ) declined 4.14% or 0.26 points to end at 6.02 and CSN Mineracao SA (BVMF:CMIN3 ) was down 3.66% or 0.23 points to 6.05.

Rising stocks outnumbered declining ones on the B3 Stock Exchange by 491 to 429 and 60 ended unchanged.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 0.60% to 31.44.

Gold Futures for December delivery was down 1.05% or 28.05 to $2,637.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November fell 4.32% or 3.33 to hit $73.81 a barrel, while the December US coffee C contract rose 1.42% or 3.48 to trade at $248.13 .

USD/BRL was up 0.80% to 5.53, while EUR/BRL rose 0.92% to 6.07.

The US Dollar Index Futures was down 0.06% at 102.24.

Source: Investing.com