Investing.com – Brazil stocks were lower after the close on Wednesday, as losses in the Real Estate, Basic Materials and Public Utilities sectors led shares lower.
At the close in Sao Paulo, the Bovespa lost 0.87%.
The best performers of the session on the Bovespa were BRF SA (SA:BRFS3), which rose 8.99% or 5.37 points to trade at 65.12 at the close. Meanwhile, Cielo SA (SA:CIEL3) added 4.07% or 1.63 points to end at 41.69 and Suzano Papel e Celulose SA (SA:SUZB5) was up 3.00% or 0.43 points to 14.77 in late trade.
The worst performers of the session were ALL America Latina Logistica SA (SA:RUMO3), which fell 9.29% or 0.13 points to trade at 1.27 at the close. Vale SA (SA:VALE5) declined 7.87% or 1.46 points to end at 17.09 and Vale SA (SA:VALE3) was down 6.39% or 1.44 points to 21.11.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 169 to 111 and 3 ended unchanged.
Shares in ALL America Latina Logistica SA (SA:RUMO3) fell to all time lows; falling 9.29% or 0.13 to 1.27. Shares in Cielo SA (SA:CIEL3) rose to 3-years highs; gaining 4.07% or 1.63 to 41.69.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.68% to 32.63.
Gold for June delivery was down 0.81% or 9.80 to $1204.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 2.62% or 1.50 to hit $58.55 a barrel, while the July US coffee C contract rose 1.05% or 1.45 to trade at $139.15 .
USD/BRL was up 0.81% to 2.9564, while EUR/BRL rose 1.77% to 3.2863.
The US Dollar Index was down 0.92% at 95.31.