Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Basic Materials, Public Utilities and Electric Power sectors led shares lower.
At the close in Sao Paulo, the Bovespa declined 0.38%.
The best performers of the session on the Bovespa were Localiza Rent a Car SA (SA:RENT3), which rose 4.11% or 1.60 points to trade at 40.50 at the close. Meanwhile, Lojas Renner SA (SA:LREN3) added 2.30% or 0.57 points to end at 25.40 and Kroton Educacional SA (SA:KROT3) was up 1.98% or 0.26 points to 13.36 in late trade.
The worst performers of the session were Vale SA (SA:VALE3), which fell 3.94% or 1.41 points to trade at 34.40 at the close. Banco Santander Brasil SA Unit (SA:SANB11) declined 3.68% or 1.31 points to end at 34.25 and Vale SA Pref (SA:VALE5) was down 3.36% or 1.12 points to 32.23.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 228 to 181 and 39 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.04% to 26.33 a new 52-week low.
Gold Futures for April delivery was up 0.30% or 3.70 to $1229.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March rose 0.49% or 0.26 to hit $53.19 a barrel, while the May US coffee C contract fell 0.63% or 0.92 to trade at $145.93 .
USD/BRL was down 0.79% to 3.0853, while EUR/BRL fell 1.07% to 3.2621.
The US Dollar Index Futures was up 0.25% at 101.25.