Investing.com – Brazil equities were higher at the close on Thursday, as gains in the Financials, Real Estate and Basic Materials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 1.43%.
The biggest gainers of the session on the Bovespa were Petroleo Brasileiro SA (SA:PETR4), which rose 7.97% or 0.42 points to trade at 5.69 at the close. Vale SA (SA:VALE3) added 7.22% or 0.65 points to end at 9.65 and Vale SA (SA:VALE5) was up 6.82% or 0.48 points to 7.52 in late trade.
Biggest losers included ALL America Latina Logistica SA (SA:RUMO3), which lost 21.62% or 0.72 points to trade at 2.61 in late trade. Oi SA (SA:OIBR3) declined 6.52% or 0.15 points to end at 2.15 and Suzano Papel e Celulose SA (SA:SUZB5) shed 3.52% or 0.58 points to 15.92.
Declining stocks outnumbered rising ones by 180 to 137 and 9 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.12% to 45.34.
In commodities trading, Gold for February delivery was down 0.74% or 8.00 to $1079.10 a troy ounce. Meanwhile, Crude oil for delivery in February rose 2.08% or 0.64 to hit $31.11 a barrel, while the March US coffee C contract rose 0.94% or 1.07 to trade at $115.95 .
USD/BRL was down 0.38% to 4.0008, while EUR/BRL fell 0.57% to 4.3431.
The US Dollar Index was up 0.26% at 99.18.