Investing.com – Brazil stocks were lower after the close on Monday, as losses in the Industrials, Public Utilities and Electric Power sectors led shares lower.
At the close in Sao Paulo, the Bovespa fell 0.08%.
The best performers of the session on the Bovespa were Petroleo Brasileiro SA (SA:PETR3), which rose 2.88% or 0.45 points to trade at 16.08 at the close. Meanwhile, Petroleo Brasileiro SA PN (SA:PETR4) added 1.92% or 0.26 points to end at 13.83 and Gerdau SA (SA:GGBR4) was up 1.80% or 0.17 points to 9.64 in late trade.
The worst performers of the session were JBS SA (SA:JBSS3), which fell 10.04% or 1.25 points to trade at 11.20 at the close. Vale SA (SA:VALE5) declined 2.39% or 0.37 points to end at 15.12 and Bradespar SA (SA:BRAP4) was down 2.31% or 0.25 points to 10.58.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 173 to 145 and 25 ended unchanged.
Shares in Petroleo Brasileiro SA (SA:PETR3) rose to 52-week highs; up 2.88% or 0.45 to 16.08. Shares in Petroleo Brasileiro SA PN (SA:PETR4) rose to 52-week highs; gaining 1.92% or 0.26 to 13.83.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 6.51% to 30.58 a new 52-week low.
Gold for December delivery was up 0.18% or 2.35 to $1330.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 2.31% or 1.02 to hit $45.17 a barrel, while the December US coffee C contract rose 0.15% or 0.23 to trade at $151.35 .
USD/BRL was up 0.78% to 3.2819, while EUR/BRL rose 0.72% to 3.6593.
The US Dollar Index was down 0.14% at 95.74.