Investing.com – Brazil stocks were lower after the close on Wednesday, as losses in the Financials, Public Utilities and Real Estate sectors led shares lower.
At the close in Sao Paulo, the Bovespa lost 2.25% to hit a new 3-months low.
The best performers of the session on the Bovespa were Marfrig Alimentos SA (SA:MRFG3), which rose 7.59% or 0.60 points to trade at 8.50 at the close. Meanwhile, Cosan SA Industria e Comercio (SA:CSAN3) added 1.46% or 0.59 points to end at 40.93 and Embraer SA (SA:EMBR3) was up 1.46% or 0.33 points to 22.95 in late trade.
The worst performers of the session were Centrais Eletricas Brasileiras SA (SA:ELET3), which fell 11.47% or 2.07 points to trade at 15.97 at the close. Centrais Eletricas Brasileiras SA (SA:ELET6) declined 9.42% or 1.95 points to end at 18.75 and Qualicorp SA (SA:QUAL3) was down 7.98% or 1.71 points to 19.72.
Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 296 to 114 and 31 ended unchanged.
Shares in Qualicorp SA (SA:QUAL3) fell to 52-week lows; falling 7.98% or 1.71 to 19.72.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.19% to 31.58.
Gold Futures for June delivery was up 0.12% or 1.50 to $1293.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.65% or 0.47 to hit $71.73 a barrel, while the July US coffee C contract fell 1.13% or 1.36 to trade at $119.47 .
USD/BRL was down 0.58% to 3.6270, while EUR/BRL fell 1.26% to 4.2428.
The US Dollar Index Futures was up 0.43% at 93.91.