Brazil's main share index, the Ibovespa, closed 0.17% lower at 205,079 points on Monday, dragged down by state-controlled oil company Petrobras, The Rio Times reports.
Petrobras preferred shares fell 2.82% as oil prices eased, while fashion group Azzas 2154 rose more than 13% and housebuilder MRV gained almost 11%. The index had risen about 1% during the session before slipping back. The US dollar weakened 0.49% against the real.
Traders were watching close polls ahead of Sunday's presidential runoff between President Luiz Inácio Lula da Silva and Senator Flávio Bolsonaro. An AtlasIntel poll for Bloomberg put Bolsonaro on 49.8% and Lula on 47.6%, while another poll the same day was reported as a technical tie. The two candidates debated on television on Sunday.
Source: The Rio Times
