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Brazil stocks lower at close of trade; Bovespa down 0.10% on the eve of the Dilma / Temer trial

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Brazil stocks were lower after the close on Monday, as losses in the Electric Power, Public Utilities and Real Estate sectors led shares lower.

At the close in Sao Paulo, the Bovespa fell 0.10%.

The best performers of the session on the Bovespa were Smiles ON (SA:SMLE3), which rose 3.37% or 2.04 points to trade at 62.66 at the close. Meanwhile, Suzano Papel e Celulose SA (SA:SUZB5) added 3.17% or 0.49 points to end at 15.95 and Banco Santander Brasil SA Unit (SA:SANB11) was up 2.80% or 0.70 points to 25.68 in late trade.

The worst performers of the session were Estacio Participacoes SA (SA:ESTC3), which fell 7.02% or 1.20 points to trade at 15.90 at the close. Cosan SA Industria e Comercio (SA:CSAN3) declined 4.11% or 1.48 points to end at 34.53 and JBS SA (SA:JBSS3) was down 4.08% or 0.31 points to 7.29.

Falling stocks outnumbered advancing ones on the Sao Paulo Stock Exchange by 214 to 167 and 30 ended unchanged.

Shares in Suzano Papel e Celulose SA (SA:SUZB5) rose to 52-week highs; gaining 3.17% or 0.49 to 15.95.

The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.48% to 37.51.

Gold Futures for August delivery was up 0.12% or 1.52 to $1281.72 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July fell 0.67% or 0.32 to hit $47.34 a barrel, while the July US coffee C contract rose 2.65% or 3.32 to trade at $128.60 .

USD/BRL was up 1.26% to 3.2891, while EUR/BRL rose 1.05% to 3.7027.

The US Dollar Index Futures was up 0.14% at 96.75.