Investing.com – Brazil stocks were lower after the close on Tuesday, as losses in the Basic Materials, Industrials and Consumption sectors led shares lower.
At the close in Sao Paulo, the Bovespa fell 1.33%.
The best performers of the session on the Bovespa were Magazine Luiza SA (SA:MGLU3), which rose 1.65% or 2.67 points to trade at 164.80 at the close. Meanwhile, TAESA UNT N2 (SA:TAEE11) added 0.89% or 0.20 points to end at 22.72 and Raia Drogasil SA (SA:RADL3) was up 0.85% or 0.54 points to 64.00 in late trade.
The worst performers of the session were Fibria Celulose SA (SA:FIBR3), which fell 8.43% or 6.22 points to trade at 67.55 at the close. Suzano Papel e Celulose SA (SA:SUZB3) declined 4.69% or 1.95 points to end at 39.65 and CCR SA (SA:CCRO3) was down 4.65% or 0.60 points to 12.30.
Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 310 to 148 and 30 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 3.29% to 33.88.
Gold Futures for February delivery was up 0.34% or 4.20 to $1243.80 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January fell 0.13% or 0.07 to hit $52.88 a barrel, while the March US coffee C contract fell 0.65% or 0.70 to trade at $107.10 .
USD/BRL was up 0.27% to 3.8528, while EUR/BRL rose 0.14% to 4.3692.
The US Dollar Index Futures was down 0.07% at 96.905.