Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Basic Materials, Real Estate and Electric Power sectors led shares lower.
At the close in Sao Paulo, the Bovespa declined 0.96%.
The best performers of the session on the Bovespa were Embraer SA (BVMF:EMBR3), which rose 8.52% or 3.29 points to trade at 41.89 at the close. Meanwhile, Companhia Brasileira De Distribuica (BVMF:PCAR3) added 3.20% or 0.09 points to end at 2.90 and Localiza Rent a Car SA (BVMF:RENT3) was up 0.93% or 0.40 points to 43.35 in late trade.
The worst performers of the session were Metalurgica Gerdau SA (BVMF:GOAU4), which fell 4.67% or 0.52 points to trade at 10.61 at the close. Companhia Siderurgica Nacional (BVMF:CSNA3) declined 4.50% or 0.57 points to end at 12.11 and Gerdau SA Pref (BVMF:GGBR4) was down 4.29% or 0.81 points to 18.08.
Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 569 to 390 and 51 ended unchanged.
Shares in Embraer SA (BVMF:EMBR3) rose to all time highs; gaining 8.52% or 3.29 to 41.89.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.34% to 25.67.
Gold Futures for August delivery was up 0.54% or 13.00 to $2,407.70 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 1.26% or 0.99 to hit $77.41 a barrel, while the September US coffee C contract fell 1.67% or 4.05 to trade at $239.00 .
USD/BRL was up 0.16% to 5.59, while EUR/BRL unchanged 0.01% to 6.06.
The US Dollar Index Futures was up 0.13% at 104.18.