Investing.com – Brazil equities were higher at the close on Thursday, as gains in the Basic Materials, Electric Power and Financials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 1.06%.
The biggest gainers of the session on the Bovespa were Metalurgica Gerdau SA (SA:GOAU4), which rose 6.52% or 0.46 points to trade at 7.51 at the close. Gerdau SA Pref (SA:GGBR4) added 6.71% or 1.03 points to end at 16.38 and RUMO Logistica Operadora Multimodal SA (SA:RAIL3) was up 5.31% or 0.66 points to 13.10 in late trade.
Biggest losers included BRF SA (SA:BRFS3), which lost 4.81% or 1.11 points to trade at 21.95 in late trade. Raia Drogasil SA (SA:RADL3) declined 2.99% or 2.16 points to end at 70.00 and Banco Bradesco SA (SA:BBDC3) shed 1.87% or 0.65 points to 34.05.
Advancing stocks outnumbered falling ones by 261 to 150 and 28 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 10.42% to 30.42.
In commodities trading, Gold Futures for June delivery was down 0.78% or 10.40 to $1329.80 a troy ounce. Meanwhile, Crude oil for delivery in May rose 0.43% or 0.27 to hit $63.64 a barrel, while the May US coffee C contract rose 0.56% or 0.66 to trade at $117.58 .
USD/BRL was up 0.23% to 3.3387, while EUR/BRL fell 0.11% to 4.0863.
The US Dollar Index Futures was up 0.39% at 90.13.