Brazil stocks lower at close of trade; Bovespa down 0.11%

Investing.com – Brazil stocks were lower after the close on Monday, as losses in the Financials, Consumption and Telecoms sectors led shares lower.

At the close in Sao Paulo, the Bovespa fell 0.11%.

The best performers of the session on the Bovespa were Embraer SA (BVMF:EMBR3), which rose 4.17% or 2.00 points to trade at 49.98 at the close. Meanwhile, Grupo Vamos SA (BVMF:VAMO3) added 4.13% or 0.24 points to end at 6.05 and Magazine Luiza SA (BVMF:MGLU3) was up 2.87% or 0.27 points to 9.67 in late trade.

The worst performers of the session were Hapvida Participacoes e Investimentos (BVMF:HAPV3), which fell 2.93% or 0.11 points to trade at 3.65 at the close. Petroleo Brasileiro SA (BVMF:PETR3) declined 1.83% or 0.74 points to end at 39.63 and Natura & Co SA (BVMF:NTCO3) was down 1.68% or 0.25 points to 14.64.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 569 to 392 and 67 ended unchanged.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.61% to 29.16.

Gold Futures for December delivery was up 0.15% or 4.20 to $2,734.20 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 1.70% or 1.17 to hit $69.86 a barrel, while the December US coffee C contract fell 2.01% or 5.17 to trade at $252.13 .

USD/BRL was unchanged 0.09% to 5.70, while EUR/BRL rose 0.40% to 6.16.

The US Dollar Index Futures was up 0.47% at 103.80.