BRASÍLIA: Brazil stocks were lower after the close on Wednesday, as losses in the Basic Materials, Public Utilities and Electric Power sectors led shares lower. At the close in Sao Paulo, the Bovespa fell 0.73%. The best performers of the session on the Bovespa were Marfrig Alimentos SA (SA:MRFG3), which rose 2.87% or 0.16 points to trade at 5.74 at the close. Meanwhile, BRF SA (SA:BRFS3) added 2.39% or 0.92 points to end at 39.42 and Estacio Participacoes SA (SA:ESTC3) was up 2.30% or 0.37 points to 16.49 in late trade. The worst performers of the session were Cia Siderurgica Nacional SA (SA:CSNA3), which fell 8.70% or 0.73 points to trade at 7.66 at the close. Bradespar SA (SA:BRAP4) declined 5.97% or 1.20 points to end at 18.91 and Gerdau SA Pref (SA:GGBR4) was down 5.08% or 0.51 points to 9.52.
Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 188 to 143 and 34 ended unchanged. The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.21% to 34.03. Gold Futures for June delivery was up 1.02% or 12.95 to $1287.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in May fell 0.97% or 0.52 to hit $52.88 a barrel, while the May US coffee C contract fell 1.55% or 2.17 to trade at $138.10 . USD/BRL was down 0.07% to 3.1357, while EUR/BRL rose 0.59% to 3.3472. The US Dollar Index Futures was down 0.57% at 100.06.