Brazil shares lower at close of trade; Bovespa down 1.85%

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

At the close in Sao Paulo, the Bovespa lost 1.85%.

The biggest gainers of the session on the Bovespa were Ultrapar Participacoes SA (SA: UGPA3 ), which rose 0.54% or 0.20 points to trade at 37.00 at the close. Fibria Celulose SA (SA: FIBR3 ) unchanged 0.00% or 0.00 points to end at 74.90 and Suzano Papel e Celulose SA (SA: SUZB3 ) was down 0.09% or 0.04 points to 47.01 in late trade.

Biggest losers included Gol Linhas Aereas Inteligentes SA Pref (SA: GOLL4 ), which lost 6.40% or 0.73 points to trade at 10.68 in late trade. B2W Cia Digital (SA: BTOW3 ) declined 4.50% or 1.30 points to end at 27.60 and Kroton Educacional SA (SA: KROT3 ) shed 4.05% or 0.44 points to 10.43.

Declining stocks outnumbered rising ones by 294 to 161 and 44 ended unchanged on the BM&FBovespa Stock Exchange.

The CBOE Brazil Etf Volatility , which measures the implied volatility of Bovespa options, was up 6.14% to 48.55.

In commodities trading, Gold Futures for December delivery was up 0.16% or 1.90 to $1203.20 a troy ounce. Meanwhile, Crude oil for delivery in November rose 2.08% or 1.47 to hit $72.25 a barrel, while the December US coffee C contract fell 1.80% or 1.80 to trade at $97.95 .

USD/BRL was up 0.98% to 4.0903, while EUR/BRL rose 0.99% to 4.8061.

The US Dollar Index Futures was up 0.04% at 93.83.