Investing.com – Brazil stocks were lower after the close on Thursday, as losses in the Basic Materials, Financials and Industrials sectors led shares lower.
At the close in Sao Paulo, the Bovespa lost 2.33%.
The best performers of the session on the Bovespa were JBS SA (SA:JBSS3), which rose 3.11% or 0.33 points to trade at 10.95 at the close. Meanwhile, Qualicorp SA (SA:QUAL3) added 1.99% or 0.29 points to end at 14.87 and ALL America Latina Logistica SA (SA:RUMO3) was up 1.21% or 0.04 points to 3.34 in late trade.
The worst performers of the session were Klabin Unt (SA:KLBN11), which fell 5.93% or 1.22 points to trade at 19.37 at the close. Lojas Americanas SA (SA:LAME4) declined 5.14% or 0.90 points to end at 16.62 and Lojas Renner SA (SA:LREN3) was down 5.03% or 1.10 points to 20.79.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 210 to 74 and 33 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.94% to 51.49.
Gold for June delivery was up 0.41% or 5.00 to $1233.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.34% or 0.13 to hit $38.19 a barrel, while the May US coffee C contract rose 0.37% or 0.47 to trade at $127.42 .
USD/BRL was down 0.30% to 3.5885, while EUR/BRL rose 0.08% to 4.0848.
The US Dollar Index was down 0.16% at 94.64.