BRASÍLIA: Brazil stocks were lower after the close on Wednesday, as losses in the Real Estate, Financials and Basic Materials sectors led shares lower. At the close in Sao Paulo, the Bovespa lost 1.17%. The best performers of the session on the Bovespa were Qualicorp SA (SA:QUAL3), which rose 2.55% or 0.53 points to trade at 21.34 at the close. Meanwhile, Companhia Brasileira deDistribuicao (SA:PCAR4) added 2.20% or 1.37 points to end at 63.60 and Tim Participacoes SA (SA:TIMP3) was up 0.68% or 0.07 points to 10.36 in late trade. The worst performers of the session were Banco do Brasil SA (SA:BBAS3), which fell 3.65% or 1.18 points to trade at 31.15 at the close. BR Malls Participacoes SA (SA:BRML3) declined 3.58% or 0.52 points to end at 14.00 and Petroleo Brasileiro SA PN (SA:PETR4) was down 3.55% or 0.50 points to 13.60. Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 216 to 125 and 31 ended unchanged. Shares in Companhia Brasileira deDistribuicao (SA:PCAR4) rose to 52-week highs; rising 2.20% or 1.37 to 63.60.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.29% to 35.70 a new 3-months high. Gold Futures for June delivery was down 0.97% or 12.60 to $1281.50 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 3.55% or 1.86 to hit $50.55 a barrel, while the July US coffee C contract fell 3.21% or 4.66 to trade at $140.52 . USD/BRL was up 1.34% to 3.1494, while EUR/BRL rose 1.21% to 3.3746. The US Dollar Index Futures was up 0.27% at 99.68.
