BRASÍLIA: Brazil stocks were lower after the close on Thursday, as losses in the Financials, Public Utilities and Electric Power sectors led shares lower. At the close in Sao Paulo, the Bovespa declined 0.07%. The best performers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 5.03% or 0.33 points to trade at 6.89 at the close. Meanwhile, Vale SA (SA:VALE3) added 2.15% or 0.74 points to end at 35.08 and Smiles ON (SA:SMLE3) was up 1.77% or 1.21 points to 69.51 in late trade. The worst performers of the session were Centrais Eletricas Brasileiras SA (SA:ELET6), which fell 5.91% or 1.29 points to trade at 20.53 at the close. Centrais Eletricas Brasileiras SA (SA:ELET3) declined 4.81% or 0.89 points to end at 17.62 and JBS SA (SA:JBSS3) was down 2.47% or 0.22 points to 8.67.
Rising stocks outnumbered declining ones on the Sao Paulo Stock Exchange by 189 to 177 and 44 ended unchanged. Shares in Usinas Siderurgicas de Minas Gerais (SA:USIM5) rose to 52-week highs; up 5.03% or 0.33 to 6.89. The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.83% to 25.24. Gold Futures for December delivery was up 0.98% or 12.82 to $1326.92 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in October rose 2.46% or 1.13 to hit $47.09 a barrel, while the December US coffee C contract rose 0.39% or 0.50 to trade at $129.07 . USD/BRL was down 0.32% to 3.1506, while EUR/BRL fell 0.14% to 3.7510. The US Dollar Index Futures was down 0.27% at 92.59.