Investing.com – Brazil stocks were lower after the close on Thursday, as losses in the Financials, Consumption and Public Utilities sectors led shares lower.
At the close in Sao Paulo, the Bovespa fell 2.50%.
The best performers of the session on the Bovespa were Fibria Celulose SA (SA:FIBR3), which rose 1.40% or 1.12 points to trade at 81.17 at the close. Meanwhile, Cia Siderurgica Nacional SA (SA:CSNA3) added 0.58% or 0.05 points to end at 8.65 and WEG SA (SA:WEGE3) was up 0.48% or 0.09 points to 18.84 in late trade.
The worst performers of the session were Centrais Eletricas Brasileiras SA (SA:ELET3), which fell 6.55% or 1.11 points to trade at 15.84 at the close. Centrais Eletricas Brasileiras SA (SA:ELET6) declined 6.31% or 1.24 points to end at 18.42 and Estacio Participacoes SA (SA:ESTC3) was down 5.61% or 1.29 points to 21.70.
Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 305 to 158 and 32 ended unchanged.
Shares in Estacio Participacoes SA (SA:ESTC3) fell to 52-week lows; falling 5.61% or 1.29 to 21.70.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 4.20% to 47.91 a new 52-week high.
Gold Futures for December delivery was down 0.43% or 5.20 to $1206.30 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 0.91% or 0.63 to hit $70.14 a barrel, while the December US coffee C contract unchanged 0.00% or 0.00 to trade at $102.78 .
USD/BRL was up 0.90% to 4.1425, while EUR/BRL rose 0.54% to 4.8341.
The US Dollar Index Futures was up 0.17% at 94.62.