Investing.com – Brazil equities were higher at the close on Thursday, as gains in the Financials, Basic Materials and Electric Power sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 0.26%.
The biggest gainers of the session on the Bovespa were IRB Brasil Resseguros SA (BVMF:IRBR3), which rose 11.30% or 4.35 points to trade at 42.85 at the close. Brava Energia SA (BVMF:BRAV3) added 6.64% or 1.27 points to end at 20.40 and Companhia Brasileira De Distribuica (BVMF:PCAR3) was up 5.35% or 0.13 points to 2.56 in late trade.
Biggest losers included Cvc Brasil ON (BVMF:CVCB3), which lost 7.74% or 0.12 points to trade at 1.43 in late trade. Magazine Luiza SA (BVMF:MGLU3) declined 6.45% or 0.45 points to end at 6.53 and Minerva SA/Brazil (BVMF:BEEF3) shed 4.04% or 0.22 points to 5.22.
Advancing stocks outnumbered falling ones by 618 to 346 and 46 ended unchanged on the B3 Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.33% to 34.12.
In commodities trading, Gold Futures for February delivery was up 0.71% or 18.61 to $2,654.11 a troy ounce. Meanwhile, Crude oil for delivery in February fell 0.70% or 0.49 to hit $69.61 a barrel, while the March US coffee C contract fell 1.84% or 6.05 to trade at $322.55 .
USD/BRL was down 0.12% to 6.18, while EUR/BRL fell 8.24% to 6.42.
The US Dollar Index Futures was down 0.13% at 107.88.