Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Basic Materials, Public Utilities and Electric Power sectors led shares lower.
At the close in Sao Paulo, the Bovespa declined 0.21%.
The best performers of the session on the Bovespa were Banco Bradesco SA Pref (SA:BBDC4), which rose 1.44% or 0.43 points to trade at 30.20 at the close. Meanwhile, Raia Drogasil SA (SA:RADL3) added 1.20% or 0.800 points to end at 67.470 and Banco Bradesco SA (SA:BBDC3) was up 1.09% or 0.31 points to 28.70 in late trade.
The worst performers of the session were Braskem SA (SA:BRKM5), which fell 4.35% or 1.07 points to trade at 23.54 at the close. Lojas Renner SA (SA:LREN3) declined 2.84% or 0.71 points to end at 24.26 and Vale SA (SA:VALE3) was down 2.49% or 0.45 points to 17.65.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 183 to 152 and 29 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 3.51% to 34.79.
Gold for December delivery was down 3.11% or 40.85 to $1271.85 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in November rose 0.86% or 0.42 to hit $49.23 a barrel, while the December US coffee C contract fell 0.20% or 0.30 to trade at $147.70 .
USD/BRL was up 1.48% to 3.2570, while EUR/BRL rose 1.39% to 3.6497.
The US Dollar Index was up 0.45% at 96.08.