Investing.com – Brazil equities were higher at the close on Thursday, as gains in the Basic Materials, Industrials and Consumption sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 1.28% to hit a new 1-month high.
The biggest gainers of the session on the Bovespa were Suzano Papel e Celulose SA (BVMF:SUZB3), which rose 13.15% or 6.68 points to trade at 57.49 at the close. Pet Center Comercio e Partcipacoes (BVMF:PETZ3) added 10.03% or 0.33 points to end at 3.62 and Companhia Brasileira De Distribuica (BVMF:PCAR3) was up 6.90% or 0.18 points to 2.79 in late trade.
Biggest losers included Companhia de Saneamento Basico do Estado de Sao Paulo SABESP (BVMF:SBSP3), which lost 2.82% or 2.15 points to trade at 74.10 in late trade. Energy of Minas Gerais Co Preferred (BVMF:CMIG4) declined 2.80% or 0.29 points to end at 10.05 and CSN Mineracao SA (BVMF:CMIN3) shed 0.97% or 0.05 points to 5.12.
Advancing stocks outnumbered falling ones by 646 to 283 and 55 ended unchanged on the B3 Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 1.44% to 25.98.
In commodities trading, Gold Futures for August delivery was up 1.02% or 23.65 to $2,336.85 a troy ounce. Meanwhile, Crude oil for delivery in August rose 1.22% or 0.99 to hit $81.89 a barrel, while the September US coffee C contract rose 1.06% or 2.38 to trade at $226.73 .
USD/BRL was down 0.40% to 5.50, while EUR/BRL unchanged 0.00% to 5.89.
The US Dollar Index Futures was down 0.11% at 105.60.