Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Consumption, Basic Materials and Financials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 1.60%.
The biggest gainers of the session on the Bovespa were Estacio Participacoes SA (SA:ESTC3), which rose 10.00% or 2.61 points to trade at 28.70 at the close. Viavarejo Unt (SA:VVAR11) added 6.04% or 1.53 points to end at 26.85 and Magazine Luiza SA (SA:MGLU3) was up 5.39% or 5.74 points to 112.21 in late trade.
Biggest losers included Natura Cosmeticos SA (SA:NATU3), which lost 3.41% or 1.29 points to trade at 36.50 in late trade. Suzano Papel e Celulose SA (SA:SUZB3) declined 3.26% or 1.50 points to end at 44.49 and BRF SA (SA:BRFS3) shed 2.46% or 0.59 points to 23.36.
Advancing stocks outnumbered falling ones by 252 to 174 and 21 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.05% to 28.87.
In commodities trading, Gold Futures for June delivery was unchanged 0.00% or 0.00 to $1290.30 a troy ounce. Meanwhile, Crude oil for delivery in June rose 0.35% or 0.25 to hit $71.56 a barrel, while the July US coffee C contract rose 0.21% or 0.25 to trade at $117.28 .
USD/BRL was up 0.56% to 3.6745, while EUR/BRL rose 0.30% to 4.3390.
The US Dollar Index Futures was up 0.13% at 93.26.