Investing.com – Brazil stocks were lower after the close on Wednesday, as losses in the Basic Materials, Industrials and Telecoms sectors led shares lower.
At the close in Sao Paulo, the Bovespa declined 0.30%.
The best performers of the session on the Bovespa were Azul SA Pref (BVMF:AZUL4), which rose 6.98% or 0.30 points to trade at 4.60 at the close. Meanwhile, Cvc Brasil ON (BVMF:CVCB3) added 6.36% or 0.11 points to end at 1.84 and LWSA SA (BVMF:LWSA3) was up 5.66% or 0.18 points to 3.36 in late trade.
The worst performers of the session were Raia Drogasil SA (BVMF:RADL3), which fell 4.52% or 0.99 points to trade at 20.91 at the close. Brava Energia SA (BVMF:BRAV3) declined 4.13% or 1.02 points to end at 23.70 and Minerva SA/Brazil (BVMF:BEEF3) was down 3.42% or 0.17 points to 4.80.
Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 563 to 389 and 52 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.52% to 27.45 a new 3-months low.
Gold Futures for February delivery was up 0.23% or 6.44 to $2,765.64 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.58% or 0.44 to hit $75.39 a barrel, while the March US coffee C contract rose 4.56% or 14.95 to trade at $342.75 .
USD/BRL was down 1.37% to 5.94, while EUR/BRL fell 1.48% to 6.19.
The US Dollar Index Futures was up 0.17% at 108.04.