Investing.com – Brazil stocks were lower after the close on Wednesday, as losses in the Basic Materials, Real Estate and Consumption sectors led shares lower.
At the close in Sao Paulo, the Bovespa fell 1.98%.
The best performers of the session on the Bovespa were BB Seguridade Participacoes SA (SA:BBSE3), which rose 4.06% or 0.99 points to trade at 25.38 at the close. Meanwhile, JBS SA (SA:JBSS3) added 2.80% or 0.25 points to end at 9.17 and TAESA UNT N2 (SA:TAEE11) was up 1.23% or 0.25 points to 20.55 in late trade.
The worst performers of the session were Kroton Educacional SA (SA:KROT3), which fell 7.08% or 0.77 points to trade at 10.10 at the close. Estacio Participacoes SA (SA:ESTC3) declined 6.99% or 1.77 points to end at 23.55 and Marfrig Alimentos SA (SA:MRFG3) was down 6.42% or 0.46 points to 6.70.
Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 309 to 142 and 33 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 9.08% to 34.71.
Gold Futures for December delivery was down 1.47% or 17.60 to $1183.10 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in September fell 3.15% or 2.11 to hit $64.93 a barrel, while the September US coffee C contract fell 2.95% or 3.11 to trade at $102.17 .
USD/BRL was up 0.84% to 3.9003, while EUR/BRL rose 0.90% to 4.4268.
The US Dollar Index Futures was unchanged 0.00% at 96.55.