Investing.com – Brazil stocks were lower after the close on Wednesday, as losses in the Financials, Real Estate and Industrials sectors led shares lower.
At the close in Sao Paulo, the Bovespa lost 1.22%.
The best performers of the session on the Bovespa were Cosan SA Industria e Comercio (SA:CSAN3), which rose 5.19% or 1.87 points to trade at 37.92 at the close. Meanwhile, Tim Participacoes SA (SA:TIMP3) added 2.82% or 0.34 points to end at 12.39 and Kroton Educacional SA (SA:KROT3) was up 1.57% or 0.27 points to 17.50 in late trade.
The worst performers of the session were EcoRodovias SA (SA:ECOR3), which fell 3.22% or 0.40 points to trade at 12.03 at the close. Qualicorp SA (SA:QUAL3) declined 3.18% or 0.93 points to end at 28.30 and CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) was down 3.11% or 0.21 points to 6.54.
Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 229 to 172 and 26 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 9.06% to 27.40 a new 1-month low.
Gold Futures for February delivery was up 1.24% or 15.40 to $1257.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.82% or 0.47 to hit $56.67 a barrel, while the March US coffee C contract rose 1.01% or 1.20 to trade at $120.08 .
USD/BRL was up 0.13% to 3.3112, while EUR/BRL rose 0.75% to 3.9135.
The US Dollar Index Futures was down 0.64% at 93.46.