Investing.com – Brazil stocks were lower after the close on Thursday, as losses in the Financials, Public Utilities and Electric Power sectors led shares lower.
At the close in Sao Paulo, the Bovespa declined 1.67% to hit a new 3-months low.
The best performers of the session on the Bovespa were Tim Participacoes SA (SA:TIMP3), which rose 1.48% or 0.15 points to trade at 10.30 at the close. Meanwhile, Cyrela Brazil Realty SA (SA:CYRE3) added 1.30% or 0.17 points to end at 13.20 and Vale SA Pref (SA:VALE5) was up 0.96% or 0.25 points to 26.29 in late trade.
The worst performers of the session were Banco do Brasil SA (SA:BBAS3), which fell 5.20% or 1.68 points to trade at 30.60 at the close. Embraer SA (SA:EMBR3) declined 5.16% or 0.86 points to end at 15.80 and CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) was down 5.05% or 0.48 points to 9.02.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 208 to 127 and 37 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.67% to 34.94.
Gold Futures for June delivery was up 0.89% or 11.35 to $1289.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.06% or 0.03 to hit $53.08 a barrel, while the May US coffee C contract rose 0.70% or 0.97 to trade at $139.07 .
USD/BRL was up 0.57% to 3.1431, while EUR/BRL rose 0.00% to 3.3351.
The US Dollar Index Futures was up 0.43% at 100.49.