Investing.com – Brazil stocks were lower after the close on Friday, as losses in the Public Utilities, Basic Materials and Financials sectors led shares lower.
At the close in Sao Paulo, the Bovespa fell 1.43%.
The best performers of the session on the Bovespa were Kroton Educacional SA (SA:KROT3), which rose 1.20% or 0.180 points to trade at 15.200 at the close. Meanwhile, Raia Drogasil SA (SA:RADL3) added 0.94% or 0.610 points to end at 65.210 and Localiza Rent a Car SA (SA:RENT3) was up 0.83% or 0.33 points to 39.90 in late trade.
The worst performers of the session were Gerdau SA (SA:GGBR4), which fell 3.67% or 0.32 points to trade at 8.39 at the close. Usinas Siderurgicas de Minas Gerais (SA:USIM5) declined 3.66% or 0.13 points to end at 3.42 and Cia Siderurgica Nacional SA (SA:CSNA3) was down 3.14% or 0.26 points to 8.01.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 224 to 99 and 24 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.21% to 36.18.
Gold for December delivery was down 0.38% or 4.95 to $1313.05 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 1.57% or 0.69 to hit $43.22 a barrel, while the December US coffee C contract rose 0.05% or 0.07 to trade at $148.75 .
USD/BRL was down 1.03% to 3.2684, while EUR/BRL fell 1.86% to 3.6448.
The US Dollar Index was up 0.83% at 96.07.