Bovespa Edges Lower as Basic Materials, Utilities and Power Stocks Weigh on Close
Brazil's main equity index closed modestly lower as declines in Basic Materials, Public Utilities and Electric Power sectors outpaced gains elsewhere. The Bovespa fell 0.18% at the close in São Paulo, with notable moves in names including Natura & Co, Cogna Educacao and Vale. Broader market indicators and commodity prices showed divergent trends, w…