Investing.com – Brazil stocks were lower after the close on Friday, as losses in the Public Utilities, Financials and Electric Power 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 Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 4.22% or 0.17 points to trade at 4.20 at the close. Meanwhile, Gerdau SA Pref (SA:GGBR4) added 3.63% or 0.34 points to end at 9.70 and Estacio Participacoes SA (SA:ESTC3) was up 3.43% or 0.52 points to 15.68 in late trade.
The worst performers of the session were Centrais Eletricas Brasileiras SA (SA:ELET3), which fell 4.92% or 0.62 points to trade at 11.99 at the close. Fibria Celulose SA (SA:FIBR3) declined 3.57% or 1.26 points to end at 34.05 and Centrais Eletricas Brasileiras SA (SA:ELET6) was down 3.39% or 0.56 points to 15.94.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 184 to 158 and 42 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.20% to 29.95 a new 1-month low.
Gold Futures for August delivery was up 0.66% or 8.21 to $1257.61 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August rose 0.82% or 0.35 to hit $43.09 a barrel, while the September US coffee C contract rose 5.46% or 6.38 to trade at $123.30 .
USD/BRL was down 0.03% to 3.3413, while EUR/BRL rose 0.36% to 3.7413.
The US Dollar Index Futures was down 0.32% at 96.95.