Investing.com – Brazil equities were higher at the close on Friday, as gains in the Electric Power, Consumption and Public Utilities sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 0.25%.
The biggest gainers of the session on the Bovespa were Estacio Participacoes SA (SA:ESTC3), which rose 7.26% or 1.07 points to trade at 15.80 at the close. Cia Energetica de Minas Gerais (SA:CMIG4) added 5.93% or 0.32 points to end at 5.72 and Petroleo Brasileiro SA (SA:PETR3) was up 5.76% or 0.62 points to 11.39 in late trade.
Biggest losers included Fibria Celulose SA (SA:FIBR3), which lost 2.97% or 0.81 points to trade at 26.44 in late trade. Suzano Papel e Celulose SA (SA:SUZB5) declined 2.45% or 0.30 points to end at 11.94 and Marfrig Alimentos SA (SA:MRFG3) shed 2.39% or 0.14 points to 5.72.
Declining stocks outnumbered rising ones by 146 to 142 and 19 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.46% to 42.64.
In commodities trading, Gold for August delivery was up 0.26% or 3.35 to $1301.75 a troy ounce. Meanwhile, Crude oil for delivery in July rose 4.13% or 1.91 to hit $48.12 a barrel, while the July US coffee C contract rose 1.04% or 1.46 to trade at $141.18 .
USD/BRL was down 1.30% to 3.4209, while EUR/BRL fell 0.84% to 3.8579.
The US Dollar Index was down 0.52% at 94.28.