Investing.com – Brazil stocks were lower after the close on Friday, as losses in the Public Utilities, Electric Power and Industrials sectors led shares lower.
At the close in Sao Paulo, the Bovespa lost 0.24%.
The best performers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 2.98% or 0.15 points to trade at 5.19 at the close. Meanwhile, Metalurgica Gerdau SA (SA:GOAU4) added 2.68% or 0.15 points to end at 5.75 and Cielo SA (SA:CIEL3) was up 2.49% or 0.67 points to 27.63 in late trade.
The worst performers of the session were Suzano Papel e Celulose SA (SA:SUZB5), which fell 3.89% or 0.56 points to trade at 13.84 at the close. Fibria Celulose SA (SA:FIBR3) declined 2.72% or 0.88 points to end at 31.50 and Companhia Brasileira deDistribuicao (SA:PCAR4) was down 2.26% or 1.37 points to 59.23.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 179 to 176 and 34 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.39% to 28.78.
Gold for February delivery was up 0.06% or 0.70 to $1190.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 1.10% or 0.59 to hit $53.19 a barrel, while the March US coffee C contract rose 0.59% or 0.89 to trade at $152.27 .
USD/BRL was down 1.26% to 3.1378, while EUR/BRL fell 1.02% to 3.3593.
The US Dollar Index was up 0.01% at 100.53.