Brazil stocks lower at close of trade; Bovespa down 1.08%

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

At the close in Sao Paulo, the Bovespa lost 1.08%.

The best performers of the session on the Bovespa were Embraer SA (BVMF:EMBR3 ), which rose 2.24% or 1.01 points to trade at 46.04 at the close. Meanwhile, WEG SA (BVMF:WEGE3 ) added 1.44% or 0.77 points to end at 54.20 and Ambev SA (BVMF:ABEV3 ) was up 0.54% or 0.07 points to 13.01 in late trade.

The worst performers of the session were Cvc Brasil ON (BVMF:CVCB3 ), which fell 7.39% or 0.17 points to trade at 2.13 at the close. MRV Engenharia e Participacoes SA (BVMF:MRVE3 ) declined 5.42% or 0.41 points to end at 7.16 and Magazine Luiza SA (BVMF:MGLU3 ) was down 4.84% or 0.67 points to 13.18.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 495 to 444 and 53 ended unchanged.

Shares in Embraer SA (BVMF:EMBR3 ) rose to all time highs; rising 2.24% or 1.01 to 46.04. Shares in WEG SA (BVMF:WEGE3 ) rose to all time highs; rising 1.44% or 0.77 to 54.20.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 5.47% to 25.66.

Gold Futures for December delivery was down 1.09% or 27.80 to $2,519.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 1.40% or 1.01 to hit $72.94 a barrel, while the December US coffee C contract fell 2.68% or 6.67 to trade at $242.58 .

USD/BRL was up 1.73% to 5.58, while EUR/BRL rose 1.58% to 6.21.

The US Dollar Index Futures was up 0.51% at 101.42.

Source: Investing.com