Brazil stocks lower at close of trade; Bovespa down 0.45%

Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Basic Materials, Industrials and Consumption sectors led shares lower.

At the close in Sao Paulo, the Bovespa fell 0.45%.

The best performers of the session on the Bovespa were Azul SA Pref (BVMF:AZUL4), which rose 10.20% or 0.45 points to trade at 4.86 at the close. Meanwhile, IRB Brasil Resseguros SA (BVMF:IRBR3) added 5.35% or 2.64 points to end at 51.96 and Atacadao SA (BVMF:CRFB3) was up 3.59% or 0.32 points to 9.23 in late trade.

The worst performers of the session were 3R Petroleum Oleo E Gas Sa (BVMF:RRRP3), which fell 5.28% or 1.42 points to trade at 25.47 at the close. Prio SA (BVMF:PRIO3) declined 5.16% or 2.41 points to end at 44.30 and Companhia Brasileira De Distribuica (BVMF:PCAR3) was down 4.21% or 0.13 points to 2.96.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 580 to 377 and 57 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.67% to 26.45.

Gold Futures for December delivery was down 0.17% or 4.20 to $2,523.40 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October fell 4.27% or 3.14 to hit $70.41 a barrel, while the December US coffee C contract fell 0.72% or 1.75 to trade at $242.30 .

USD/BRL was up 0.36% to 5.64, while EUR/BRL rose 0.23% to 6.23.

The US Dollar Index Futures was up 0.10% at 101.73.