Investing.com – Brazil equities were higher at the close on Friday, as gains in the Financials, Basic Materials and Public Utilities sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 1.63% to hit a new 6-month high.
The biggest gainers of the session on the Bovespa were Vale SA (SA:VALE3), which rose 10.00% or 2.11 points to trade at 23.20 at the close. Centrais Eletricas Brasileiras SA (SA:ELET3) added 7.83% or 0.54 points to end at 7.44 and Vale SA (SA:VALE5) was up 6.67% or 1.17 points to 18.71 in late trade.
Biggest losers included Multiplan SA (SA:MULT3), which lost 2.98% or 1.72 points to trade at 56.06 in late trade. Localiza Rent a Car SA (SA:RENT3) declined 2.95% or 1.12 points to end at 36.88 and CCR SA (SA:CCRO3) shed 2.54% or 0.42 points to 16.13.
Advancing stocks outnumbered falling ones by 156 to 120 and 3 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.07% to 31.42 a new 3-month low.
In commodities trading, Gold for June delivery was down 1.34% or 16.00 to $1178.30 a troy ounce. Meanwhile, Crude oil for delivery in June fell 0.96% or 0.56 to hit $57.19 a barrel, while the July US coffee C contract rose 0.14% or 0.20 to trade at $141.78 .
USD/BRL was down 0.54% to 2.9536, while EUR/BRL fell 0.16% to 3.2095.
The US Dollar Index was down 0.32% at 97.12.