Brazil stocks lower at close of trade; Bovespa down 0.80%

Brazil stocks were lower after the close on Thursday, as losses in the Real Estate, Financials and Consumption sectors led shares lower.

At the close in Sao Paulo, the Bovespa lost 0.80%.

The best performers of the session on the Bovespa were Hapvida Participacoes e Investimentos (BVMF:HAPV3), which rose 12.96% or 0.60 points to trade at 5.23 at the close. Meanwhile, SLC Agricola SA (BVMF:SLCE3) added 6.80% or 1.16 points to end at 18.21 and Azzas 2154 SA (BVMF:AZZA3) was up 7.09% or 1.09 points to 16.46 in late trade.

The worst performers of the session were Magazine Luiza SA (BVMF:MGLU3), which fell 9.01% or 0.69 points to trade at 6.97 at the close. Banco do Brasil SA (BVMF:BBAS3) declined 8.76% or 1.48 points to end at 15.41 and Cosan SA (BVMF:CSAN3) was down 6.27% or 0.19 points to 2.84.

Falling stocks outnumbered advancing ones on the B3 Stock Exchange by 595 to 472 and 58 ended unchanged.

Shares in Banco do Brasil SA (BVMF:BBAS3) fell to 3-years lows; losing 8.76% or 1.48 to 15.41.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.32% to 32.26 a new 1-month low.

Gold Futures for December delivery was down 2.80% or 111.85 to $3,888.65 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 2.79% or 2.41 to hit $88.94 a barrel, while the December US coffee C contract rose 4.31% or 11.60 to trade at $280.60 .

USD/BRL was up 1.42% to 5.66, while EUR/BRL rose 0.95% to 6.25.

The US Dollar Index Futures was up 0.27% at 103.09.