Investing.com – Brazil stocks were lower after the close on Monday, as losses in the Financials, Consumption 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 Metalurgica Gerdau SA (SA:GOAU4), which rose 4.06% or 0.180 points to trade at 4.610 at the close. Meanwhile, Cyrela Brazil Realty SA (SA:CYRE3) added 3.66% or 0.39 points to end at 11.06 and Usinas Siderurgicas de Minas Gerais (SA:USIM5) was up 3.03% or 0.12 points to 4.08 in late trade.
The worst performers of the session were Localiza Rent a Car SA (SA:RENT3), which fell 4.36% or 1.78 points to trade at 39.02 at the close. Estacio Participacoes SA (SA:ESTC3) declined 2.40% or 0.47 points to end at 19.10 and Kroton Educacional SA (SA:KROT3) was down 2.36% or 0.390 points to 16.160.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 215 to 181 and 35 ended unchanged.
Shares in Metalurgica Gerdau SA (SA:GOAU4) rose to 52-week highs; gaining 4.06% or 0.180 to 4.610. Shares in Usinas Siderurgicas de Minas Gerais (SA:USIM5) rose to 52-week highs; rising 3.03% or 0.12 to 4.08.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.14% to 29.42 a new 52-week low.
Gold for December delivery was down 0.26% or 3.25 to $1264.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 0.83% or 0.42 to hit $50.43 a barrel, while the December US coffee C contract rose 0.99% or 1.55 to trade at $157.82 .
USD/BRL was down 0.85% to 3.1243, while EUR/BRL fell 0.90% to 3.3988.
The US Dollar Index was up 0.06% at 98.68.