Investing.com – Brazil stocks were lower after the close on Friday, as losses in the Financials, Basic Materials and Industrials sectors led shares lower.
At the close in Sao Paulo, the Bovespa fell 3.32%.
The best performers of the session on the Bovespa were Suzano Papel e Celulose SA (SA:SUZB5), which fell 0.32% or 0.04 points to trade at 12.36 at the close. Meanwhile, Localiza Rent a Car SA (SA:RENT3) fell 0.33% or 0.11 points to end at 33.41 and Companhia Brasileira deDistribuicao (SA:PCAR4) was down 0.41% or 0.18 points to 43.35 in late trade.
The worst performers of the session were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which fell 10.05% or 0.20 points to trade at 1.79 at the close. Cia Siderurgica Nacional SA (SA:CSNA3) declined 7.82% or 0.59 points to end at 6.95 and Petroleo Brasileiro SA (SA:PETR3) was down 6.13% or 0.72 points to 11.03.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 241 to 66 and 15 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 8.88% to 41.06.
Gold for August delivery was up 0.38% or 4.80 to $1277.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 3.13% or 1.58 to hit $48.98 a barrel, while the July US coffee C contract rose 2.36% or 3.18 to trade at $137.68 .
USD/BRL was up 0.64% to 3.4242, while EUR/BRL rose 0.21% to 3.8544.
The US Dollar Index was up 0.52% at 94.59.