Brazil shares lower at close of trade; Bovespa down 0.58%

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

At the close in Sao Paulo, the Bovespa lost 0.58%.

The biggest gainers of the session on the Bovespa were Fibria Celulose SA (SA: FIBR3 ), which rose 6.53% or 4.12 points to trade at 67.22 at the close. Localiza Rent a Car SA (SA: RENT3 ) added 5.33% or 1.40 points to end at 27.65 and Suzano Papel e Celulose SA (SA: SUZB3 ) was up 3.64% or 0.80 points to 22.76 in late trade.

Biggest losers included Cia Siderurgica Nacional SA (SA: CSNA3 ), which lost 5.08% or 0.46 points to trade at 8.59 in late trade. Qualicorp SA (SA: QUAL3 ) declined 4.81% or 1.38 points to end at 27.32 and Gerdau SA Pref (SA: GGBR4 ) shed 4.18% or 0.70 points to 16.03.

Advancing stocks outnumbered falling ones by 239 to 200 and 37 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 0.87% to 31.38.

In commodities trading, Gold Futures for April delivery was down 0.38% or 5.00 to $1322.60 a troy ounce. Meanwhile, Crude oil for delivery in April fell 1.39% or 0.85 to hit $60.30 a barrel, while the May US coffee C contract fell 0.28% or 0.34 to trade at $120.38 .

USD/BRL was up 0.71% to 3.2684, while EUR/BRL fell 0.11% to 4.0239.

The US Dollar Index Futures was up 0.61% at 90.11.