Investing.com – Brazil equities were higher at the close on Wednesday, as gains in the Financials, Public Utilities and Electric Power sectors propelled shares higher.
At the close in Sao Paulo, the Bovespa gained 1.37% to hit a new 1-month high.
The biggest gainers of the session on the Bovespa were Companhia Brasileira deDistribuicao (SA:PCAR4), which rose 7.70% or 5.85 points to trade at 81.85 at the close. Gol Linhas Aereas Inteligentes SA Pref (SA:GOLL4) added 6.69% or 0.93 points to end at 14.83 and Banco Santander Brasil SA Unit (SA:SANB11) was up 5.26% or 1.79 points to 35.84 in late trade.
Biggest losers included Cielo SA (SA:CIEL3), which lost 2.07% or 0.35 points to trade at 16.57 in late trade. Metalurgica Gerdau SA (SA:GOAU4) declined 1.90% or 0.15 points to end at 7.75 and CCR SA (SA:CCRO3) shed 1.43% or 0.16 points to 11.02.
Advancing stocks outnumbered falling ones by 226 to 204 and 35 ended unchanged on the BM&FBovespa Stock Exchange.
The CBOE Brazil Etf Volatility, which measures the implied volatility of Bovespa options, was down 1.57% to 32.00.
In commodities trading, Gold Futures for August delivery was up 0.50% or 6.10 to $1231.60 a troy ounce. Meanwhile, Crude oil for delivery in September rose 1.18% or 0.81 to hit $69.33 a barrel, while the September US coffee C contract rose 0.08% or 0.09 to trade at $110.92 .
USD/BRL was down 1.29% to 3.7011, while EUR/BRL fell 0.90% to 4.3403.
The US Dollar Index Futures was down 0.38% at 94.03.