Investing.com – Brazil equities were higher at the close on Thursday, as gains in the Basic Materials, Real Estate and Industrials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 0.78% to hit a new 1-month high.
The biggest gainers of the session on the Bovespa were Gerdau SA Pref (SA:GGBR4), which rose 7.08% or 0.78 points to trade at 11.80 at the close. Bradespar SA (SA:BRAP4) added 5.01% or 0.74 points to end at 15.52 and Metalurgica Gerdau SA (SA:GOAU4) was up 4.85% or 0.24 points to 5.19 in late trade.
Biggest losers included BB Seguridade Participacoes SA (SA:BBSE3), which lost 2.02% or 0.60 points to trade at 29.12 in late trade. Telefonica Brasil SA (SA:VIVT4) declined 1.69% or 0.75 points to end at 43.60 and Estacio Participacoes SA (SA:ESTC3) shed 1.60% or 0.26 points to 15.97.
Advancing stocks outnumbered falling ones by 198 to 143 and 33 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.73% to 34.06 a new 1-month low.
In commodities trading, Gold for February delivery was up 1.35% or 15.70 to $1181.00 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.83% or 0.44 to hit $53.70 a barrel, while the March US coffee C contract rose 1.41% or 2.00 to trade at $143.82 .
USD/BRL was down 0.53% to 3.1989, while EUR/BRL rose 0.45% to 3.3886.
The US Dollar Index was down 0.94% at 101.53.