Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Financials, Industrials and Basic Materials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 0.31% to hit a new 3-month high.
The biggest gainers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais SA USIMINAS Pref (BVMF:USIM5), which rose 4.55% or 0.37 points to trade at 8.51 at the close. Ultrapar Participacoes SA (BVMF:UGPA3) added 3.02% or 0.68 points to end at 23.22 and Raizen SA Preferred (BVMF:RAIZ4) was up 2.90% or 0.09 points to 3.19 in late trade.
Biggest losers included Cvc Brasil ON (BVMF:CVCB3), which lost 6.25% or 0.13 points to trade at 1.95 in late trade. Sendas Distribuidora SA (BVMF:ASAI3) declined 2.79% or 0.31 points to end at 10.80 and Hapvida Participacoes e Investimentos (BVMF:HAPV3) shed 2.64% or 0.11 points to 4.05.
Advancing stocks outnumbered falling ones by 514 to 408 and 70 ended unchanged on the B3 Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.58% to 23.84.
In commodities trading, Gold Futures for August delivery was down 0.24% or 6.00 to $2,461.80 a troy ounce. Meanwhile, Crude oil for delivery in September rose 2.21% or 1.76 to hit $81.47 a barrel, while the September US coffee C contract rose 0.18% or 0.45 to trade at $244.05 .
USD/BRL was up 0.92% to 5.48, while EUR/BRL rose 1.34% to 6.00.
The US Dollar Index Futures was down 0.49% at 103.45.