Investing.com – Brazil stocks were lower after the close on Wednesday, as losses in the Financials, Real Estate and Consumption sectors led shares lower.
At the close in Sao Paulo, the Bovespa lost 1.85%.
The best performers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET3), which rose 4.46% or 0.85 points to trade at 19.92 at the close. Meanwhile, Suzano Papel e Celulose SA (SA:SUZB3) added 3.39% or 1.39 points to end at 42.45 and Natura Cosmeticos SA (SA:NATU3) was up 2.70% or 0.87 points to 33.08 in late trade.
The worst performers of the session were CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4), which fell 8.63% or 0.73 points to trade at 7.73 at the close. Itausa - Investimentos Itau SA (SA:ITSA4) declined 5.88% or 0.80 points to end at 12.81 and Itau Unibanco Banco Holding SA (SA:ITUB4) was down 4.53% or 2.31 points to 48.70.
Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 292 to 147 and 24 ended unchanged.
Shares in Suzano Papel e Celulose SA (SA:SUZB3) rose to all time highs; gaining 3.39% or 1.39 to 42.45.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.79% to 28.40.
Gold Futures for June delivery was down 0.08% or 1.00 to $1305.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in June rose 0.70% or 0.47 to hit $67.72 a barrel, while the July US coffee C contract fell 0.84% or 1.05 to trade at $123.83 .
USD/BRL was up 1.25% to 3.5514, while EUR/BRL rose 1.43% to 4.2417.
The US Dollar Index Futures was up 0.37% at 92.62.