Investing.com – Brazil equities were higher at the close on Thursday, as gains in the Basic Materials, Financials and Industrials sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa rose 0.84% to hit a new all time high.
The biggest gainers of the session on the Bovespa were Usinas Siderurgicas de Minas Gerais (SA:USIM5), which rose 5.65% or 0.56 points to trade at 10.48 at the close. Gerdau SA Pref (SA:GGBR4) added 5.41% or 0.70 points to end at 13.65 and Metalurgica Gerdau SA (SA:GOAU4) was up 3.65% or 0.22 points to 6.25 in late trade.
Biggest losers included Fleury SA (SA:FLRY3), which lost 2.00% or 0.58 points to trade at 28.41 in late trade. Cia de Saneamento Basico do Estado (SA:SBSP3) declined 1.94% or 0.66 points to end at 33.32 and TAESA UNT N2 (SA:TAEE11) shed 1.58% or 0.34 points to 21.15.
Advancing stocks outnumbered falling ones by 256 to 194 and 41 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 2.40% to 28.86.
In commodities trading, Gold Futures for February delivery was up 0.40% or 5.30 to $1323.80 a troy ounce. Meanwhile, Crude oil for delivery in February rose 0.45% or 0.28 to hit $61.91 a barrel, while the March US coffee C contract rose 0.77% or 0.99 to trade at $129.42 .
USD/BRL was down 0.07% to 3.2345, while EUR/BRL rose 0.36% to 3.9031.
The US Dollar Index Futures was down 0.30% at 91.61.