At the close in Sao Paulo, the Bovespa fell 0.82%.
The best performers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET3), which rose 2.26% or 0.56 points to trade at 25.29 at the close. Meanwhile, Cosan SA Industria e Comercio (SA:CSAN3) added 1.81% or 0.61 points to end at 34.29 and BR Malls Participacoes SA (SA:BRML3) was up 1.79% or 0.23 points to 13.06 in late trade.
The worst performers of the session were Cia Siderurgica Nacional SA (SA:CSNA3), which fell 3.34% or 0.30 points to trade at 8.69 at the close. Fleury SA (SA:FLRY3) declined 3.28% or 0.72 points to end at 21.20 and B2W Cia Digital (SA:BTOW3) was down 3.26% or 1.28 points to 37.98.
Falling stocks outnumbered advancing ones on the BM&FBovespa Stock Exchange by 230 to 170 and 34 ended unchanged.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.05% to 34.87.
Gold Futures for February delivery was up 0.92% or 11.40 to $1255.00 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in January rose 2.14% or 1.10 to hit $52.59 a barrel, while the March US coffee C contract fell 1.79% or 1.90 to trade at $104.05 .