Investing.com – Brazil equities were lower at the close on Friday, as losses in the Basic Materials, Consumption and Financials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa fell 1.35%.
The biggest gainers of the session on the Bovespa were Tim Participacoes SA (SA:TIMP3), which rose 8.00% or 0.60 points to trade at 8.10 at the close. Petroleo Brasileiro SA (SA:PETR3) added 4.54% or 0.56 points to end at 12.90 and Usinas Siderurgicas de Minas Gerais (SA:USIM5) was up 3.59% or 0.09 points to 2.60 in late trade.
Biggest losers included Vale SA (SA:VALE3), which lost 11.17% or 2.43 points to trade at 19.33 in late trade. Smiles ON (SA:SMLE3) declined 9.10% or 3.79 points to end at 37.86 and Vale SA (SA:VALE5) shed 8.21% or 1.37 points to 15.31.
Declining stocks outnumbered rising ones by 167 to 118 and 25 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.82% to 42.55 a new 3-month low.
In commodities trading, Gold for June delivery was down 1.22% or 15.20 to $1235.10 a troy ounce. Meanwhile, Crude oil for delivery in June rose 1.46% or 0.63 to hit $43.81 a barrel, while the July US coffee C contract fell 0.67% or 0.83 to trade at $123.25 .
USD/BRL was up 0.94% to 3.5718, while EUR/BRL rose 0.45% to 4.0119.
The US Dollar Index was up 0.44% at 95.04.