Investing.com – Brazil equities were higher at the close on Friday, as gains in the Financials, Real Estate and Public Utilities sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 3.80%.
The biggest gainers of the session on the Bovespa were Petroleo Brasileiro SA (SA:PETR4), which rose 10.68% or 0.75 points to trade at 7.77 at the close. Kroton Educacional SA (SA:KROT3) added 10.35% or 0.800 points to end at 8.530 and Smiles ON (SA:SMLE3) was up 10.00% or 3.05 points to 33.55 in late trade.
Biggest losers included Suzano Papel e Celulose SA (SA:SUZB5), which lost 3.27% or 0.64 points to trade at 18.92 in late trade. Fibria Celulose SA (SA:FIBR3) declined 2.64% or 1.47 points to end at 54.23 and Embraer SA (SA:EMBR3) shed 0.20% or 0.05 points to 25.30.
Advancing stocks outnumbered falling ones by 206 to 97 and 11 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.89% to 51.42.
In commodities trading, Gold for December delivery was up 2.14% or 23.80 to $1137.50 a troy ounce. Meanwhile, Crude oil for delivery in November rose 1.98% or 0.89 to hit $45.62 a barrel, while the December US coffee C contract rose 2.31% or 2.80 to trade at $123.83 .
USD/BRL was down 1.86% to 3.9359, while EUR/BRL fell 1.66% to 4.4147.
The US Dollar Index was down 0.31% at 96.04.