Investing.com – Brazil stocks were lower after the close on Wednesday, as losses in the Basic Materials, Real Estate and Financials sectors led shares lower.
At the close in Sao Paulo, the Bovespa declined 0.12% to hit a new 1-month high.
The best performers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET3), which rose 7.75% or 0.98 points to trade at 13.63 at the close. Meanwhile, Centrais Eletricas Brasileiras SA (SA:ELET6) added 6.58% or 1.07 points to end at 17.32 and Embraer SA (SA:EMBR3) was up 2.88% or 0.44 points to 15.70 in late trade.
The worst performers of the session were Vale SA (SA:VALE3), which fell 2.33% or 0.69 points to trade at 28.93 at the close. JBS SA (SA:JBSS3) declined 2.27% or 0.15 points to end at 6.46 and Cia Siderurgica Nacional SA (SA:CSNA3) was down 2.08% or 0.15 points to 7.06.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 218 to 189 and 34 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.85% to 29.32 a new 1-month low.
Gold Futures for August delivery was up 0.52% or 6.37 to $1225.57 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in August fell 3.53% or 1.66 to hit $45.41 a barrel, while the September US coffee C contract rose 1.84% or 2.35 to trade at $130.02 .
USD/BRL was down 0.56% to 3.2907, while EUR/BRL fell 0.56% to 3.7331.
The US Dollar Index Futures was unchanged 0.00% at 95.99.