Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Real Estate, Public Utilities and Electric Power sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa added 2.26%.
The biggest gainers of the session on the Bovespa were Cia Siderurgica Nacional SA (SA:CSNA3), which rose 16.45% or 1.15 points to trade at 8.14 at the close. Usinas Siderurgicas de Minas Gerais (SA:USIM5) added 11.70% or 0.22 points to end at 2.10 and Petroleo Brasileiro SA (SA:PETR4) was up 8.93% or 0.77 points to 9.39 in late trade.
Biggest losers included Suzano Papel e Celulose SA (SA:SUZB5), which lost 5.49% or 0.73 points to trade at 12.57 in late trade. Fibria Celulose SA (SA:FIBR3) declined 5.13% or 1.58 points to end at 29.20 and Braskem SA (SA:BRKM5) shed 1.90% or 0.39 points to 20.16.
Advancing stocks outnumbered falling ones by 204 to 96 and 13 ended unchanged on the Sao Paulo Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was up 0.06% to 36.38.
In commodities trading, Gold for August delivery was up 1.36% or 17.00 to $1264.00 a troy ounce. Meanwhile, Crude oil for delivery in July rose 2.40% or 1.21 to hit $51.57 a barrel, while the July US coffee C contract rose 5.29% or 6.98 to trade at $138.90 .
USD/BRL was down 2.18% to 3.3681, while EUR/BRL fell 1.86% to 3.8381.
The US Dollar Index was down 0.27% at 93.59.