Investing.com – Brazil stocks were lower after the close on Thursday, as losses in the Electric Power, Public Utilities and Telecoms sectors led shares lower.
At the close in Sao Paulo, the Bovespa lost 0.94% to hit a new 3-months low.
The best performers of the session on the Bovespa were BRF SA (SA:BRFS3), which rose 6.40% or 1.37 points to trade at 22.79 at the close. Meanwhile, Suzano Papel e Celulose SA (SA:SUZB3) added 6.27% or 2.68 points to end at 45.39 and Braskem SA (SA:BRKM5) was up 5.57% or 2.56 points to 48.48 in late trade.
The worst performers of the session were Petroleo Brasileiro SA (SA:PETR3), which fell 14.55% or 3.95 points to trade at 23.20 at the close. Petroleo Brasileiro SA PN (SA:PETR4) declined 13.24% or 3.08 points to end at 20.19 and Centrais Eletricas Brasileiras SA (SA:ELET6) was down 6.51% or 1.22 points to 17.53.
Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 256 to 183 and 25 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.80% to 31.01.
Gold Futures for June delivery was up 1.14% or 14.70 to $1304.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 1.60% or 1.15 to hit $70.69 a barrel, while the July US coffee C contract rose 0.93% or 1.11 to trade at $120.58 .
USD/BRL was up 0.38% to 3.6420, while EUR/BRL rose 0.62% to 4.2711.
The US Dollar Index Futures was down 0.20% at 93.72.