Investing.com – Brazil equities were higher at the close on Friday, as gains in the Financials, Real Estate and Basic Materials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 2.94%.
The biggest gainers of the session on the Bovespa were Centrais Eletricas Brasileiras SA (SA:ELET3), which rose 8.65% or 1.99 points to trade at 25.00 at the close. Braskem SA (SA:BRKM5) added 7.46% or 3.71 points to end at 53.41 and Gerdau SA Pref (SA:GGBR4) was up 7.26% or 1.10 points to 16.25 in late trade.
Biggest losers included JBS SA (SA:JBSS3), which lost 1.58% or 0.18 points to trade at 11.22 in late trade. Suzano Papel e Celulose SA (SA:SUZB3) declined 1.40% or 0.55 points to end at 38.60 and Cielo SA (SA:CIEL3) shed 0.81% or 0.08 points to 9.75.
Advancing stocks outnumbered falling ones by 295 to 111 and 35 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 5.75% to 36.23 a new 3-month low.
In commodities trading, Gold Futures for December delivery was up 1.94% or 23.30 to $1222.50 a troy ounce. Meanwhile, Crude oil for delivery in December rose 0.55% or 0.31 to hit $56.77 a barrel, while the December US coffee C contract rose 2.48% or 2.73 to trade at $112.78 .
USD/BRL was down 1.06% to 3.7439, while EUR/BRL fell 0.36% to 4.2722.
The US Dollar Index Futures was down 0.49% at 96.32.