Investing.com – Brazil stocks were lower after the close on Wednesday, as losses in the Basic Materials, Financials and Industrials sectors led shares lower.
At the close in Sao Paulo, the Bovespa lost 1.96%.
The best performers of the session on the Bovespa were JBS SA (SA:JBSS3), which rose 9.05% or 0.67 points to trade at 8.07 at the close. Meanwhile, Tim Participacoes SA (SA:TIMP3) added 1.02% or 0.10 points to end at 9.92 and Telefonica Brasil SA (SA:VIVT4) was up 0.56% or 0.26 points to 46.80 in late trade.
The worst performers of the session were Vale SA (SA:VALE3), which fell 5.00% or 1.43 points to trade at 27.17 at the close. Vale SA Pref (SA:VALE5) declined 4.62% or 1.25 points to end at 25.79 and Cia Siderurgica Nacional SA (SA:CSNA3) was down 4.46% or 0.32 points to 6.86.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 250 to 125 and 35 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.85% to 38.29.
Gold Futures for June delivery was up 0.54% or 6.80 to $1268.90 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.95% or 0.97 to hit $48.69 a barrel, while the July US coffee C contract fell 2.16% or 2.85 to trade at $129.17 .
USD/BRL was down 0.86% to 3.2296, while EUR/BRL fell 0.36% to 3.6305.
The US Dollar Index Futures was down 0.32% at 96.91.