Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Financials, Public Utilities and Telecoms sectors led shares lower.
At the close in Sao Paulo, the Bovespa lost 0.32%.
The best performers of the session on the Bovespa were Gerdau SA (SA:GGBR4), which rose 6.32% or 0.37 points to trade at 6.22 at the close. Meanwhile, Kroton Educacional SA (SA:KROT3) added 5.36% or 0.580 points to end at 11.400 and Metalurgica Gerdau SA (SA:GOAU4) was up 3.86% or 0.08 points to 2.15 in late trade.
The worst performers of the session were BB Seguridade Participacoes SA (SA:BBSE3), which fell 5.51% or 1.70 points to trade at 29.15 at the close. Cyrela Brazil Realty SA (SA:CYRE3) declined 4.07% or 0.45 points to end at 10.60 and JBS SA (SA:JBSS3) was down 3.80% or 0.44 points to 11.15.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 153 to 125 and 33 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.27% to 48.63.
Gold for April delivery was up 0.35% or 4.40 to $1248.60 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.72% or 0.30 to hit $41.22 a barrel, while the May US coffee C contract rose 2.53% or 3.32 to trade at $134.67 .
USD/BRL was up 0.10% to 3.5834, while EUR/BRL rose 0.08% to 4.0191.
The US Dollar Index was up 0.28% at 95.67.