Brazil's benchmark equity gauge ended the trading day in Sao Paulo on Friday with a 0.90% decline, as losses concentrated in the Basic Materials, Industrials and Financials sectors weighed on the market.
At the close, the Bovespa registered the 0.90% drop.
Among the session's top performers was Eneva SA (BVMF:ENEV3), which advanced 7.86% - an increase of 1.56 points - to finish at 21.40. Usinas Siderurgicas de Minas Gerais SA USIMINAS Pref (BVMF:USIM5) climbed 3.81%, up 0.23 points to 6.26, and Cury Constrtutora e Incorporadora S (BVMF:CURY3) rose 3.63% - gaining 1.43 points - to end the session at 40.85.
On the downside, Tim Participacoes SA (BVMF:TIMS3) retreated 4.67% or 1.32 points to close at 26.97. Bradespar SA (BVMF:BRAP4) lost 3.94%, down 0.97 points to 23.68, and BB Seguridade Participacoes SA (BVMF:BBSE3) fell 3.55%, a decline of 1.25 points, to 33.93.
Market breadth on the B3 Stock Exchange showed more rising issues than decliners: 550 stocks advanced versus 376 that fell, while 51 finished unchanged.
Notably, shares of Cury Constrtutora e Incorporadora S (BVMF:CURY3) reached an all-time high during the session, rising 3.63% or 1.43 to 40.85.
Volatility measures and commodity prices reflected mixed dynamics. The CBOE Brazil Etf Volatility, which represents implied volatility for Bovespa options, rose 3.60% to 33.40.
In commodities, Gold Futures for April delivery gained 2.06% or 101.86 to $5,050.26 a troy ounce. Crude oil for March delivery eased 0.35% or 0.22 to $62.62 a barrel, and the March US coffee C contract slipped 0.70% or 2.10 to trade at $297.55.
Foreign exchange moves saw USD/BRL increase 0.30% to 5.23, while EUR/BRL rose 0.28% to 6.20. The US Dollar Index Futures was marginally lower, down 0.02% at 96.82.
Market takeaway: The session ended with the Bovespa lower by 0.90% amid sectoral weakness in materials, industrials and financials, even as select stocks and commodities posted gains. Implied volatility for Bovespa options was higher, and currency pairs recorded modest moves.