Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Basic Materials, Consumption and Industrials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 1.71% to hit a new all time high.
The biggest gainers of the session on the Bovespa were Cosan SA Industria e Comercio (SA:CSAN3), which rose 7.63% or 2.74 points to trade at 38.63 at the close. Estacio Participacoes SA (SA:ESTC3) added 7.10% or 1.77 points to end at 26.71 and B2W Cia Digital (SA:BTOW3) was up 6.62% or 2.78 points to 44.78 in late trade.
Biggest losers included BB Seguridade Participacoes SA (SA:BBSE3), which lost 3.16% or 0.87 points to trade at 26.65 in late trade. Fleury SA (SA:FLRY3) declined 1.50% or 0.32 points to end at 21.08 and Via Varejo SA (SA:VVAR3) shed 1.49% or 0.06 points to 3.98.
Advancing stocks outnumbered falling ones by 296 to 145 and 39 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 7.18% to 31.42 a new 3-month low.
In commodities trading, Gold Futures for February delivery was up 0.58% or 7.40 to $1293.30 a troy ounce. Meanwhile, Crude oil for delivery in February rose 5.20% or 2.59 to hit $52.37 a barrel, while the March US coffee C contract fell 0.10% or 0.10 to trade at $104.95 .
USD/BRL was down 0.85% to 3.6815, while EUR/BRL rose 0.08% to 4.2512.
The US Dollar Index Futures was down 0.76% at 94.757.