Investing.com – Brazil equities were higher at the close on Friday, as gains in the Basic Materials, Public Utilities and Industrials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 0.09% to hit a new 3-year high.
The biggest gainers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 11.30% or 0.47 points to trade at 4.63 at the close. Companhia Brasileira deDistribuicao (SA:PCAR4) added 3.49% or 2.02 points to end at 59.90 and BRF SA (SA:BRFS3) was up 3.07% or 1.61 points to 54.09 in late trade.
Biggest losers included JBS SA (SA:JBSS3), which lost 2.50% or 0.25 points to trade at 9.75 in late trade. Ambev SA (SA:ABEV3) declined 2.05% or 0.40 points to end at 19.10 and MRV Engenharia e Participacoes SA (SA:MRVE3) shed 1.73% or 0.22 points to 12.53.
Advancing stocks outnumbered falling ones by 207 to 141 and 38 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 2.61% to 31.43.
In commodities trading, Gold for December delivery was up 0.47% or 6.00 to $1275.50 a troy ounce. Meanwhile, Crude oil for delivery in December fell 2.11% or 1.05 to hit $48.67 a barrel, while the December US coffee C contract rose 0.26% or 0.43 to trade at $165.45 .
USD/BRL was up 1.15% to 3.2065, while EUR/BRL rose 2.00% to 3.5227.
The US Dollar Index was down 0.62% at 98.31.