Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Financials, Real Estate and Public Utilities sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 0.15%.
The biggest gainers of the session on the Bovespa were Bradespar SA (SA:BRAP4), which rose 5.39% or 0.93 points to trade at 18.18 at the close. Banco Bradesco SA Pref (SA:BBDC4) added 3.87% or 1.01 points to end at 27.14 and Qualicorp SA (SA:QUAL3) was up 3.54% or 1.05 points to 30.75 in late trade.
Biggest losers included Gerdau SA Pref (SA:GGBR4), which lost 2.64% or 0.25 points to trade at 9.23 in late trade. Petroleo Brasileiro SA PN (SA:PETR4) declined 2.47% or 0.32 points to end at 12.62 and Raia Drogasil SA (SA:RADL3) shed 2.47% or 1.81 points to 71.35.
Advancing stocks outnumbered falling ones by 176 to 161 and 42 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.87% to 32.90 a new 1-month low.
In commodities trading, Gold Futures for August delivery was down 0.51% or 6.41 to $1262.19 a troy ounce. Meanwhile, Crude oil for delivery in July fell 3.75% or 1.74 to hit $44.72 a barrel, while the July US coffee C contract fell 0.50% or 0.63 to trade at $125.75 .
USD/BRL was down 1.06% to 3.2795, while EUR/BRL fell 1.04% to 3.6773.
The US Dollar Index Futures was down 0.06% at 96.91.