Brazil shares lower at close of trade; Bovespa down 0.44%

Investing.com – Brazil equities were lower at the close on Friday, as losses in the Basic Materials , Financials and Industrials sectors propelled shares lower.

At the close in Sao Paulo, the Bovespa fell 0.44%.

The biggest gainers of the session on the Bovespa were Gol Linhas Aereas Inteligentes SA Pref (SA: GOLL4 ), which rose 7.50% or 1.65 points to trade at 23.65 at the close. Estacio Participacoes SA (SA: ESTC3 ) added 2.18% or 0.53 points to end at 24.85 and Cielo SA (SA: CIEL3 ) was up 1.94% or 0.18 points to 9.44 in late trade.

Biggest losers included Via Varejo SA (SA: VVAR3 ), which lost 7.45% or 0.35 points to trade at 4.35 in late trade. Usinas Siderurgicas de Minas Gerais (SA: USIM5 ) declined 2.80% or 0.27 points to end at 9.38 and Centrais Eletricas Brasileiras SA (SA: ELET6 ) shed 2.50% or 0.73 points to 28.50.

Advancing stocks outnumbered falling ones by 227 to 206 and 38 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 1.17% to 32.92.

In commodities trading, Gold Futures for February delivery was down 0.46% or 5.80 to $1241.60 a troy ounce. Meanwhile, Crude oil for delivery in January fell 2.83% or 1.49 to hit $51.09 a barrel, while the March US coffee C contract fell 1.78% or 1.85 to trade at $102.25 .

USD/BRL was up 0.63% to 3.9159, while EUR/BRL rose 0.18% to 4.4275.

The US Dollar Index Futures was up 0.40% at 97.440.