Investing.com – Brazil equities were lower at the close on Wednesday, as losses in the Electric Power, Public Utilities and Financials sectors propelled shares lower.
At the close in Sao Paulo, the Bovespa fell 1.95%.
The biggest gainers of the session on the Bovespa were Marfrig Alimentos SA (SA:MRFG3), which rose 2.99% or 0.19 points to trade at 6.55 at the close. ALL America Latina Logistica SA (SA:RUMO3) added 1.56% or 0.05 points to end at 3.25 and MRV Engenharia e Participacoes SA (SA:MRVE3) was up 1.44% or 0.17 points to 11.95 in late trade.
Biggest losers included Usinas Siderurgicas de Minas Gerais (SA:USIM5), which lost 9.38% or 0.15 points to trade at 1.45 in late trade. CCR SA (SA:CCRO3) declined 7.01% or 0.99 points to end at 13.13 and Cia Energetica de Sao Paulo (SA:CESP6) shed 6.30% or 0.99 points to 14.72.
Declining stocks outnumbered rising ones by 191 to 93 and 20 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.07% to 56.59.
In commodities trading, Gold for June delivery was down 0.37% or 4.50 to $1225.10 a troy ounce. Meanwhile, Crude oil for delivery in May rose 5.18% or 1.86 to hit $37.75 a barrel, while the May US coffee C contract rose 0.31% or 0.37 to trade at $121.42 .
USD/BRL was down 1.04% to 3.6401, while EUR/BRL fell 0.94% to 4.1484.
The US Dollar Index was down 0.10% at 94.52.