Investing.com – Brazil equities were higher at the close on Friday, as gains in the Public Utilities, Consumption and Real Estate sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 1.47%.
The biggest gainers of the session on the Bovespa were Vale SA (SA:VALE3), which rose 8.63% or 1.29 points to trade at 16.24 at the close. Cia Siderurgica Nacional SA (SA:CSNA3) added 7.78% or 0.53 points to end at 7.34 and Vale SA (SA:VALE5) was up 7.68% or 0.90 points to 12.62 in late trade.
Biggest losers included Fibria Celulose SA (SA:FIBR3), which lost 7.01% or 2.35 points to trade at 31.15 in late trade. Suzano Papel e Celulose SA (SA:SUZB5) declined 5.94% or 0.85 points to end at 13.47 and Klabin Unt (SA:KLBN11) shed 2.98% or 0.53 points to 17.24.
Advancing stocks outnumbered falling ones by 181 to 125 and 20 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.87% to 36.53 a new 6-month low.
In commodities trading, Gold for August delivery was up 2.79% or 33.85 to $1246.45 a troy ounce. Meanwhile, Crude oil for delivery in July fell 0.63% or 0.31 to hit $48.86 a barrel, while the July US coffee C contract rose 3.42% or 4.20 to trade at $127.00 .
USD/BRL was down 1.77% to 3.5293, while EUR/BRL rose 0.11% to 4.0101.
The US Dollar Index was down 1.70% at 93.94.