Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Real Estate, Financials and Public Utilities sectors led shares lower.
At the close in Sao Paulo, the Bovespa fell 0.88%.
The best performers of the session on the Bovespa were Magazine Luiza SA (SA:MGLU3), which rose 5.62% or 7.76 points to trade at 145.76 at the close. Meanwhile, Ultrapar Participacoes SA (SA:UGPA3) added 2.65% or 1.18 points to end at 45.63 and Cosan SA Industria e Comercio (SA:CSAN3) was up 2.17% or 0.84 points to 39.61 in late trade.
The worst performers of the session were Kroton Educacional SA (SA:KROT3), which fell 4.88% or 0.57 points to trade at 11.11 at the close. Bradespar SA (SA:BRAP4) declined 4.73% or 1.50 points to end at 30.20 and Centrais Eletricas Brasileiras SA (SA:ELET3) was down 4.56% or 0.78 points to 16.32.
Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 232 to 162 and 26 ended unchanged.
Shares in Magazine Luiza SA (SA:MGLU3) rose to all time highs; up 5.62% or 7.76 to 145.76.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 3.45% to 35.41 a new 1-month high.
Gold Futures for December delivery was up 0.07% or 0.90 to $1218.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September rose 0.09% or 0.06 to hit $69.07 a barrel, while the September US coffee C contract rose 0.15% or 0.16 to trade at $108.88 .
USD/BRL was up 0.75% to 3.7624, while EUR/BRL rose 1.08% to 4.3639.
The US Dollar Index Futures was down 0.20% at 95.00.