Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Financials, Basic Materials and Industrials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 3.35%.
The biggest gainers of the session on the Bovespa were Cia Siderurgica Nacional SA (SA:CSNA3), which rose 12.95% or 0.36 points to trade at 3.14 at the close. Usinas Siderurgicas de Minas Gerais (SA:USIM5) added 7.84% or 0.21 points to end at 2.89 and EcoRodovias SA (SA:ECOR3) was up 7.75% or 0.50 points to 6.95 in late trade.
Biggest losers included Kroton Educacional SA (SA:KROT3), which lost 3.52% or 0.310 points to trade at 8.500 in late trade. Cia Energetica de Minas Gerais (SA:CMIG4) declined 2.48% or 0.20 points to end at 7.85 and BR Malls Participacoes SA (SA:BRML3) shed 1.98% or 0.23 points to 11.37.
Advancing stocks outnumbered falling ones by 221 to 85 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 9.04% to 46.01.
In commodities trading, Gold for December delivery was down 1.36% or 15.50 to $1122.80 a troy ounce. Meanwhile, Crude oil for delivery in October fell 1.13% or 0.45 to hit $38.87 a barrel, while the December US coffee C contract rose 0.83% or 1.00 to trade at $121.83 .
USD/BRL was down 0.39% to 3.6031, while EUR/BRL fell 2.06% to 4.0793.
The US Dollar Index was up 1.47% at 95.30.