Investing.com – Brazil stocks were lower after the close on Monday, as losses in the Basic Materials, Industrials and Real Estate sectors led shares lower.
At the close in Sao Paulo, the Bovespa fell 2.62%.
The best performers of the session on the Bovespa were Suzano Papel e Celulose SA (SA:SUZB5), which rose 0.58% or 0.08 points to trade at 13.92 at the close. Meanwhile, Fibria Celulose SA (SA:FIBR3) added 0.32% or 0.10 points to end at 31.60 and JBS SA (SA:JBSS3) was up 0.08% or 0.01 points to 11.95 in late trade.
The worst performers of the session were Petroleo Brasileiro SA (SA:PETR3), which fell 5.50% or 0.94 points to trade at 16.14 at the close. Metalurgica Gerdau SA (SA:GOAU4) declined 5.22% or 0.30 points to end at 5.45 and Cia Siderurgica Nacional SA (SA:CSNA3) was down 5.21% or 0.63 points to 11.47.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 300 to 99 and 23 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 9.59% to 31.55.
Gold Futures for April delivery was up 0.54% or 6.45 to $1197.55 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in March fell 0.96% or 0.51 to hit $52.66 a barrel, while the March US coffee C contract fell 0.91% or 1.39 to trade at $150.88 .
USD/BRL was down 0.46% to 3.1264, while EUR/BRL fell 0.43% to 3.3451.
The US Dollar Index Futures was down 0.16% at 100.40.