Investing.com – Brazil stocks were lower after the close on Monday, as losses in the Basic Materials, Consumption and Electric Power sectors led shares lower.
At the close in Sao Paulo, the Bovespa declined 2.32%.
The best performers of the session on the Bovespa were Cielo SA (SA:CIEL3), which rose 1.89% or 0.23 points to trade at 12.38 at the close. Meanwhile, Cia de Saneamento Basico do Estado (SA:SBSP3) added 1.80% or 0.50 points to end at 28.30 and Tim Participacoes SA (SA:TIMP3) was up 1.69% or 0.18 points to 10.81 in late trade.
The worst performers of the session were Kroton Educacional SA (SA:KROT3), which fell 7.22% or 0.84 points to trade at 10.80 at the close. CEMIG - Companhia Energetica Minas Gerais Pref (SA:CMIG4) declined 5.48% or 0.66 points to end at 11.39 and Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4) was down 6.37% or 1.16 points to 17.05.
Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 289 to 187 and 31 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 7.85% to 43.17.
Gold Futures for December delivery was down 0.12% or 1.50 to $1231.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December fell 1.15% or 0.78 to hit $66.81 a barrel, while the December US coffee C contract fell 4.47% or 5.35 to trade at $114.30 .
USD/BRL was up 1.88% to 3.7120, while EUR/BRL rose 1.71% to 4.2259.
The US Dollar Index Futures was up 0.26% at 96.38.