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Brazil stocks lower at close of trade; Bovespa down 0.35%

Published 06/11/2015, 04:30 PM
© Reuters.  Brazil stocks lower at close of trade; Bovespa down 0.35%
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Investing.com – Brazil stocks were lower after the close on Thursday, as losses in the Real Estate, Public Utilities and Financials sectors led shares lower.

At the close in Sao Paulo, the Bovespa lost 0.35%.

The best performers of the session on the Bovespa were Marfrig Alimentos SA (SA:MRFG3), which rose 3.85% or 0.15 points to trade at 4.05 at the close. Meanwhile, Kroton Educacional SA (SA:KROT3) added 3.75% or 0.450 points to end at 12.450 and Gerdau SA (SA:GGBR4) was up 3.57% or 0.30 points to 8.71 in late trade.

The worst performers of the session were Even Construtora e Incorporadora SA (SA:EVEN3), which fell 5.54% or 0.20 points to trade at 3.41 at the close. Duratex SA (SA:DTEX3) declined 3.72% or 0.31 points to end at 8.02 and Gafisa SA (SA:GFSA3) was down 3.72% or 0.090 points to 2.330.

Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 156 to 140 and 7 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.12% to 30.63.

Gold for August delivery was down 0.47% or 5.60 to $1181.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.33% or 0.81 to hit $60.62 a barrel, while the July US coffee C contract fell 3.10% or 4.22 to trade at $131.85 .

USD/BRL was down 0.81% to 3.0939, while EUR/BRL fell 1.27% to 3.4872.

The US Dollar Index was up 0.41% at 94.97.

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