Brazilian equities finished the trading day lower on Friday as sector-specific losses weighed on the broader market. At the close in São Paulo, the Bovespa declined 1.26%.
Sector performance was a clear contributor to the slide: shares in the Public Utilities, Electric Power and Real Estate groups recorded notable weakness and were cited as leading the market lower.
Among individual names, Companhia Brasileira De Distribuica (BVMF:PCAR3) was one of the sessions stronger performers, rising 2.51% or 0.08 points to close at 3.27. Prio SA (BVMF:PRIO3) also finished higher, up 1.83% or 0.96 points to 53.30, while Marfrig Global Foods (BVMF:MBRF3) added 1.88% or 0.38 points to end the day at 20.62.
On the downside, Cosan SA Industria e Comercio (BVMF:CSAN3) posted the steepest loss among the most moved stocks, slipping 5.27% or 0.35 points to finish at 6.29. Natura & Co SA (BVMF:NATU3) fell 4.89% or 0.47 points to close at 9.14, and RUMO Logistica Operadora Multimodal SA (BVMF:RAIL3) was down 3.91% or 0.65 points to 15.98.
Market breadth on the B3 Stock Exchange showed more decliners than advancers: 508 stocks fell, 446 rose, and 30 ended unchanged.
Volatility measures moved lower as well. The CBOE Brazil Etf Volatility, an indicator of implied volatility for Bovespa options, decreased 2.16% to 31.74.
Commodities exhibited mixed results in global trading. Gold futures for April delivery rose 1.57% or 81.71 to $5,275.91 a troy ounce. Crude oil for April delivery gained 3.02% or 1.97 to reach $67.18 a barrel. By contrast, the May US coffee C contract declined 0.80% or 2.25 to trade at $280.05.
Foreign exchange moves were modest: USD/BRL declined 0.13% to 5.13, while EUR/BRL was unchanged 0.02% at 6.06. The US Dollar Index Futures slipped 0.22% to 97.53.
The session left the Bovespa lower overall, with sector-specific pressures, a negative breadth reading and divergent commodity and FX signals shaping the market close.