Investing.com – Brazil equities were higher at the close on Thursday, as gains in the Basic Materials, Financials and Real Estate sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 1.95% to hit a new 3-month high.
The biggest gainers of the session on the Bovespa were Marcopolo SA (SA:POMO4), which rose 11.32% or 0.30 points to trade at 2.95 at the close. Vale SA (SA:VALE3) added 8.43% or 1.64 points to end at 21.09 and Cia Siderurgica Nacional SA (SA:CSNA3) was up 7.31% or 0.48 points to 7.05 in late trade.
Biggest losers included ALL America Latina Logistica SA (SA:RUMO3), which lost 9.70% or 0.16 points to trade at 1.49 in late trade. PDG Realty SA (SA:PDGR3) declined 3.70% or 0.020 points to end at 0.520 and Telefonica Brasil SA (SA:VIVT4) shed 2.64% or 1.30 points to 48.00.
Advancing stocks outnumbered falling ones by 185 to 87 and 7 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 3.17% to 31.76 a new 3-month low.
In commodities trading, Gold for June delivery was up 0.59% or 7.00 to $1193.90 a troy ounce. Meanwhile, Crude oil for delivery in June rose 2.40% or 1.35 to hit $57.51 a barrel, while the July US coffee C contract fell 1.08% or 1.55 to trade at $141.57 .
USD/BRL was down 1.06% to 2.9791, while EUR/BRL fell 0.07% to 3.2269.
The US Dollar Index was down 0.82% at 97.43.