Brazil stocks lower at close of trade; Bovespa down 0.81%

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

At the close in Sao Paulo, the Bovespa declined 0.81%.

The best performers of the session on the Bovespa were Sendas Distribuidora SA (BVMF:ASAI3 ), which rose 2.40% or 0.23 points to trade at 9.80 at the close. Meanwhile, 3R Petroleum Oleo E Gas Sa (BVMF:RRRP3 ) added 1.97% or 0.52 points to end at 26.89 and IRB Brasil Resseguros SA (BVMF:IRBR3 ) was up 1.94% or 0.94 points to 49.32 in late trade.

The worst performers of the session were Azul SA Pref (BVMF:AZUL4 ), which fell 18.18% or 0.98 points to trade at 4.41 at the close. BRF SA (BVMF:BRFS3 ) declined 6.02% or 1.58 points to end at 24.65 and Marfrig Alimentos SA (BVMF:MRFG3 ) was down 4.26% or 0.62 points to 13.94.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 471 to 408 and 48 ended unchanged.

Shares in Azul SA Pref (BVMF:AZUL4 ) fell to all time lows; falling 18.18% or 0.98 to 4.41.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was down 1.67% to 26.45.

Gold Futures for December delivery was up 0.16% or 4.10 to $2,531.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.67% or 0.49 to hit $74.04 a barrel, while the December US coffee C contract fell 1.43% or 3.55 to trade at $244.05 .

USD/BRL was up 0.09% to 5.62, while EUR/BRL fell 0.31% to 6.22.

The US Dollar Index Futures was down 0.04% at 101.58.

Source: Investing.com