Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Basic Materials, Industrials and Financials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 0.28%.
The biggest gainers of the session on the Bovespa were ALL America Latina Logistica SA (SA:RUMO3), which rose 7.37% or 0.30 points to trade at 4.37 at the close. Vale SA (SA:VALE3) added 4.28% or 0.60 points to end at 14.62 and Fibria Celulose SA (SA:FIBR3) was up 3.82% or 1.16 points to 31.55 in late trade.
Biggest losers included Kroton Educacional SA (SA:KROT3), which lost 3.80% or 0.430 points to trade at 10.890 in late trade. MRV Engenharia e Participacoes SA (SA:MRVE3) declined 3.50% or 0.36 points to end at 9.94 and Lojas Renner SA (SA:LREN3) shed 3.27% or 0.70 points to 20.70.
Advancing stocks outnumbered falling ones by 200 to 108 and 24 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 0.56% to 42.53.
In commodities trading, Gold for June delivery was down 0.37% or 4.55 to $1224.65 a troy ounce. Meanwhile, Crude oil for delivery in July rose 2.22% or 1.08 to hit $49.70 a barrel, while the July US coffee C contract fell 0.29% or 0.35 to trade at $121.53 .
USD/BRL was up 0.53% to 3.5898, while EUR/BRL rose 0.64% to 4.0038.
The US Dollar Index was down 0.20% at 95.40.